My wife and I will of course get the benefit of learning from people who have "been there, done that" and be able to possibly avoid the longer learning curve and pitfalls of roughing it on our own.

Maybe you could try your hand at writing something to help individuals avoid the pit falls of procrastination.

Doing things within my means may take a while but I will get there without getting caught in most of those pitfalls of overextending my credit ability to pay.

I know there are other pitfalls too but I am not well versed in them.

Any "gotchas" or pitfalls to watch out for in NC investing?

I am not having these problems yet, but I'm starting to do more of these and these are the questions that float in my mind as possible pitfalls.

There are pitfalls, especially if you are low on income and this is your first project.

There will be some of those same pitfalls along the way with this property that you ran into in your last one.

Can you guys please share about commercial loans?So my understanding its more complicated than residential loans..1) Debt to service ratio should be more than 1.2...What does it mean?2) every 5 years interest rate cha...

There are pitfalls of course as well so plan accordingly.One major pitfall is the limited access or liquidity in larger accounts since loan parameters for solo 401k or SD 401k's are 50% or 50k whichever is lower.