You have excellent advice here from some people who didn't just get their knowledge of investing through a low rate, real estate risk off period.

Local market knowledge is absolutely critical, and it helps to work with someone who really understands the landscape and its nuances.As others have mentioned, it’s a broad question that’s tough to answer succinctly, but I hope this provides some clarity!

Something will come up that you do not understand or do not have to knowledge to deal with.

If you’re referring to the “newbies” with $10k to their name that watch a video by Pace and get excited and pay for joining, go out with their last $5k and do a sub to with a “desperate” homeowner without revealing all the possible consequences (because they are unaware of the consequences through lack of experience and lack of knowledge and or choose not to inform the seller) then I agree, it’s probably going to turn out badly for all concerned.If on the other hand you’re referring to a seasoned investor with excellent credit, significant cash reserves, who wants to add a property to their portfolio without going through loan qualifying, and can pay enough to give the seller “walking away” money because of the low existing interest rates and or, and is dealing with a informed seller, then I find nothing wrong or negative about the transaction.  

I have never been shy of facing challenges and I truly believe knowledge is power (something my grandfather taught me at a young age)I really want to learn everything there is to learn about realestate and am driven and hungry.Thanks in advance for any suggestions or recommendations.

I see that all the time with folks doing tax's and one of their strengths is they did work for the IRS so have superior knowledge etc.I dont think you going to see mass foreclosures at all.

I have seen some of Walter’s presentations and he is very knowledgeable.

Happy to connect and knowledge share if you are interested.

They completely wasted my time due to lack of knowledge and organization to my file; then changed their offer as if I had no other choice but to take it.

If I have a skill, knowledge, the right contacts or or a passion that can be leveraged into potential gains, that is where my money is applied.