Hi Thomas, welcome to the Forums.Wishing you the very best!

The masterminds often encourage students to finance the new-car like entrance fees on a credit card, on the promise of just a single deal covering all the entrance costs. 

It all depends on the walls you are hitting.

They could self manage for several years, using the rental income, until the next phase of their retirement.If they have a decent amount of financial discipline, they may want to get a HELOC now before they build to get the most favorable rate.

Do you prefer Flips or Rentals? Or does it vary by area

For the next 10 months (40 weeks) you spend a fairly reasonable 5 hours a week marketing, communicating with guests and your property manager and bookkeeping.

As I go through my examples below know that I have a savings rate north of 50% on my W2 income which I invest into real estate to keep it growing. 

Competition with owner-occupants and the age of the homes (70-120+) will squeeze your margins and expose you to a fair amount of risk.

You probably know the below info but you might not and it may give insight to others who come across this info in the future so ill post it.What are the lists you currently have?

As a contractor I had to work for money, be at the mercy of the customer, jobs and timelines never seemed to go as planned, only to pay tax on the money I worked for.