who used this his entire life and build a net worth of over $1 billion by the 1980s starting with absolutely no capital!  

I've shifted from trying to economize in everything in life to seeing that oftentimes it's well worth it to pay for the full service experience, no nickel-and-diming.

I am ready to take that next step towards F.I.R.E and set my daughters up for life!

Sub 30k houses are an absolute disaster with a tenant pool that will destroy your properties and make your life miserable.

A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, that you should sit down and assess your finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.

Still, I managed to lock it in for $145,000 by emphasizing how much TLC (and cash) it needed to bring it back to life.

Needs all new cabintry, windows, doors, roof (has some life left), fixtures, fencing, some electrical and plumbing changes, and some framing/drywall due to termite damaged sill plate in areas.

No property is worth 2 years of your life and, once he counter sues, all of your sanity.

Fail forward is generally just great life advice. 

Since then I have focused on finding good deals and getting great financing to get stellar cash on cash returns.I have clearly written out levels of of my dream life I want to achieve.