As others have said watch out for property taxes and home insurance too. 

There are multi-million dollar houses that you can walk just a couple short blocks and watch the neighborhood get pretty rough and potentially dangerous.

Do they save women & children first, or do they abandon ship and watch it go down from afar?

Either buy what you can afford, or stay out of the game till you can afford it.Anyone involved in trainings, mentorships etc on any topic, anywhere, my advice to you is PRESS IN, get closer to your group, sit at the feet of the 'masters' so to speak...then watch what happens to your knowledge, and your business.

I would have never suspected giving somebody who has no money and no experience to buy real estate would not get returnedOh and your payday lending loan is also not securedI remember when I used to drive by stores like this called payday loans and pawnshops - which atleast there you had to give up your Casio watch

As you read these books, watch the BiggerPockets podcasts.

Thank you for sharing i'm new to bigger pockets family but have been watching on you tube for a while now.

I just watched their video.

Go into the new member introductions forum and watch for the same few people who say the same basic message every time someone new comes on the site.

I've bounced around social media watching many videos, but decided to follow along the BP forums.