The truth is, a large percentage of landlords lose more money making rookie mistakes than they would pay for professional property management.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

Do not mistake low cost for low risk.  

While this is the cheapest upfront option, mistakes can be costly.

They lived subprime and are still haunted by mistakes the government made along with greedy lenders.

The FED almost lost its credibility by keeping interest too low for too long and is probably not gonna make that mistake ever again.

Make no mistake these guys make FAR more money selling their systems than any wholesaler who actually works in wholesaling could ever do. 

What mistakes did you make?

And also where it would be tough to learn the industry over one or two deals because the deal time-frame is so long (I could make mistakes that I didn't recognize until 5 years into the deal).In this case, we're talking about notes.

If you hold real estate long enough, you almost never can make a mistake.