After we got that one under our belt and rented my brother grabbed more money from his annuity at work and bought another house close by, keep in mind he was the bread winner from his house with one kid in college and twin girls going to college the following year so he was on edge for about 5 months but we fixed the house up and got a cash buy out mortgage against the second house and paid it back and was still making a great profit.

If I ever get beck into the lien-buying business I could use a deep pocket, I have a very good system for picking winners, I often bid "zero."

But luck is very often a two-edged sword.A third of US lottery winners end up going bankrupt.

This is what will cause stock for owner-occupied to increase and therefore hurt new starts.Unless we see hyperinflation where prices increase and wages do too, we will probably see rents flatten or even decrease as demand goes down.No money means no demand - don't need to be a Pulitzer winner or possess a crystal ball to see that coming.So the answer will be the hustle.

It's normal to have a lot of people looking, to show it to many tenants before you find a winner.

@Haley Powell Did the same back and forth with our first buy... condo v. house... after months of frustrating analysis, it nearly always came out to the house being winner, and the few times when the condo met the math, the disqualification was almost always existing issues with association rules that limited doing anything near househacking and/or renting after we left.

Then, when a truly good deal comes along that maybe nobody else is paying attention to - you will KNOW, because you are educated, that it is a deal worth investing your hard-earned money on.I don't buy into the idea of convincing other people to give you money, before you have proven yourself to be a winner. 

I served eight years on active duty in the Marine Corps and spent most of my time doing marketing, public relations and advertising.  

The truth is, even with a mentor, not every deal's going to be a winner.  

- Kind of like eating an elephant, one bite at a time.I look forward to meeting you and doing some fun things in the real estate world.Just a FWI before I go, I do have a full time job in the healthcare industry which allows me to live kind of from paycheck to paycheck, usually always struggling to make all the bills, Don't have anything coming from that- If your in the same boat and want to get some deals done and get out of "THE RAT RACE" real estate is the place to do it- the only bad deal is the one you did not pursue.Once you pursue a deal you are going to know if it is a winner!!