I understand that it's not a get rich quick scheme, and that achieving your goals in this business require a lot of persistence, but as Grant Cardone says, "It's easier to get rich once, than stay broke forever."

In the meantime, i will persist with educating myself and will keep going to the auctions when possible.  

Persistence and perseverance are a must!!!!!

I'm 19 years old, looking for any advice I get through all of your experiences. Striving to one day be a very successful real estate investor. More than willing to put in the work it takes.

Persistence beats resistance.

Most people only post the good, and it's very helpful to hear from actual buyers -- especially with turnkeys.It validates the need to read everything carefully; have independent professionals confirm what you're being told; and manage the manager.Sorry to hear about this, but I agree that with persistence you can turn it around.

When does persistence become irrational? 

If you persist you will succeed.

Be consistent and persistent!

@Ken BreezeI think another key to successful investing is persistence...... its not always going to be smooth sailing, and you need to be able to overcome this and push forward.Finding rising markets, no one has a crystal ball, however many may jump in prior to the market actually rising, this is higher risk.