The only reason I do it is for quicker acquisition with the intent on either a short hold then sell or a refinance.Lately this has not been possible because most leads I get the people owe so much more than the home is worth, I would be committing career suicide doing sub2 deals.As to the biggest obstacle, it is explaining it to the sellers so they really understand the benefit to them.

I make 1200 a week currently, but I work in a trailer factory which is borderline suicide if anyone knows that kind of work.

However, I do think taking every penny you have and buying a million dollar apartment building and HOPING that the numbers will take care of themselves is FINANCIAL SUICIDE.

Living on credit is financial suicide.

Tragically one of the tenants committed suicide the next month in Jan 2014.  

Then, you've got the whole p@ndemic situation that caused people to move out of highly restrictive states & cities where lockdowns caused massive job losses, business closures, suicides, etc., these people who were fed up moved into more "free" states such as Arizona, Texas, Georgia and Florida.

So I'm looking at a house in Bergen tomorrow in which the broker said there was a "murder/suicide"  It's actually not in a terrible area but clearly unfortunately circumstances.  

Is it entrepreneurial suicide to divulge your business plans to your prospects before talking to them?

Unless you have a large client/fund that would support the business, starting from scratch and having never been an agent/broker seems extremely difficult, if not suicidal.

That seems like financial suicide to me!