Welcome to the site Casey.It is very true that you face intense competition from out of state investors.

Where they fail in Football they are making up in basketball (for the time being until LeBron bolts again). :)

the industry desperately needs quality GC's  get your license and bid work for others right now subs are making a killingif there is new construction.. start a framing company.. or a siding companyetc etc.NO financial risk other than tools flipping houses is capital intensive and not feasible without a lot of cash or a cash partner. and it takes time.. you start one today you get paid in 6 to 9 months.. you work as contractor your paid each draw period.

One month is a very short time to learn what generally take years to fully understand.Investing without full knowledge is like a 16 year old buying a high powered sports car with the intension of teaching themselves how to drive.

It will be easier after every deal IMO.10) Total Focus / Family support - This was one of the most intense experiences of my life for this long of time.  

I think the biggest issue is the Resident/Tenant avoiding contact with such intensity.

@Rick Santasiere  super management intensive... its a business not a RE investmentjust like buying a motel is a buisness. 

The few people that do ( @Brandon Turner , @Joshua Dorkin , @Ben Leybovich , and several others that have been on the show) should be listened to intensely.  

It's the perfect home for entertaining and was a joy to bring back to life, but we need less intensive jobs now! 

I feel this intense draw towards real estate.