And I have only bought 2 because he doesn't get that many deals because he is realistic with numbers.Moral of the story, don't buy anything until you feel you get a full grasp of it.  

As mentioned before, getting a firm grasp on your expenses and income is the way to start.

@Matthew Ruderman First I would have a firm grasp on your goals.

@Danielle Moniz Danielle, it sounds like the next step is to get a firm grasp on the costs associated with this loan.

If you are self-managing you don't want to multiply your portfolio until you have a descent grasp on running 1. 

If we buy a building in a great location for an amazing price, I know my investors will be pleased in the end.Best,WOW, that's a huge building I can see why you say its more of a ship than a building.what were some things that you looked out for in the buildings that you pursued or may a key factor that helps to give you a better grasp of the deal or it potential. 

I grasped this only after I have wasted almost $100k of my money on loan closing costs. 

And I'd love to grab a coffee sometime when it's socially acceptable again, and when I have a better grasp on this stuff to make better use of your time.

Along the same lines, I have a strong grasp of what my budget will be on an apartment complex.

I understand how you would get the property subject to from the owner but can’t quite grasp the details of how to then sell it.