I’m nervous/scared to take the plunge (long-term rentals) Because I have a one year old now and a family.

I finally decided to take the plunge and make an account here on Bigger Pockets after hearing many wonderful things about the community and, of course, learning about the forms after reading my first BP book on rental property investing.

Interest rates have plunged, with the average rate on a 30-year fixed-rate mortgage now below 3%.

@Alyssa Czopor congrats on deciding to make the plunge into real estate.

Hi Alex,I believe that there are only some the things you need to be at least proficient in before you take the plunge and that is learning how to analyze a deal/knowing what numbers work you and being able to vet agents,lenders, etc.

There is so much cheap money floating around now that I suspect the game is no longer just about cash flow but about sheltering good debt.Any available real estate is likely one of the best shelters of cheap money.Since cash will almost never be this cheap again,it's common sense that hiding as much of this as possible today even in a marginal deal is a no brainer since the same cash may cost triple the interest rate within the next decade.It beats burying it in the front yard.And neither Gold nor crypto cash flows.Happy plunging inventory !

Once I decide to take the (minor) plunge and purchase a bike, I'll have to create other, voluntary obstacles that make it possible for me to control my spending. 

Notice keyword free stuff don't buy courses and don't over study get the basics and take the plunge nobody learns how to fight by reading books you have to get in the ring. 

Please don't "take the plunge."

@Marcos Urvina congratulations for taking the plunge into your journey!