Single Guys that make decent money doing blue collar jobs have not been best in my experience because they are prone to heavy drinking unemployment and child support draining their income .

He wants to meet tonight for drinks and to talk about everything.

Generally though, I break it down into the "five pillars" of protecting your assets.The first pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments(maintain your property, etc) - these simple steps will help you prevent lawsuits before they even occur.

I think there are degree's of this.and for sure i think the get rich with no money certainly falls into this category.those with some wherewithal entering the landlording game is pretty easy these days pretty much anyone who can fog a mirror can understand it and should be able to at least close a deal.now if they like dealing with tenants and PM's after the fact that's another question all together.I think also those that drink the wholesaling koolaid.. some markets its doable many it simply is not either price points are too high and sellers to tough.. or lack of distressed and burnt out landlords etc.So when we see someone who puts a big batch of marketing on their CC  I with no real experience or sales skillsI personally see that as risk with limited chance of rewardReal estate is capital intensive to do it right most of the time and in most areas.. do think it can be done with no capital then you better be one hell of a salesmen. 

Usually free food and free drinks.

Call or PM me if your willing to buy me a drink if your serious about it. metro areas you will find turn key properties all day everyday.

If you do a wholesale deal by 10/17/15, I'll buy you dinner and a drink at the next San Jose meetup.

I'm with @Mary B.and wanted a stiff drink after just hearing your story.  

A lot of people like to go the cheaper route, a few dollars and, maybe, a bottle of something to drink route.

Even if you are planning to manage it yourself, account for the cost of management when analyzing the deal. 1) Your wife's time is valuable, so consider this as money being paid to her for her time rather than a "savings" of not having to hire a 3rd party. 2) You might decide that you're not good at property management and need to hire one. 3) Your situation might change (birth of a child, divorce, disability, moving for work, etc.) and you won't have time, ability, or proximity to manage the property well if at all. 4) You might get to your passive income goal 20 properties down the line and decide you want to go sit on a beach and drink Mai Tais, but when you go to do it, suddenly a big chunk of your cash flow goes away because you never factored it in from the beginning.