I gotta tell ya', this was really a funny, funny, l  o  o  o  n  g  explanation and proof as well.You hit on all the wrong ways to invest in RE as reasons why you can't make money in RE, and never touched on the right ways to do REI...I'm guessing because you are unfamiliar with any of them.  

@La T. 

Yes, I agree with Kimberly,I seem to be alone in my opinion that maybe, just maybe, somebody ISN'T the hot shot note investor he says (and teaches) he is, if he is consistently unwilling and unable to pay his investors.Apparently, Erin L. at least agrees with me.www.investwithscottcarson.com

@Rich Ng That is rough, Rich!  

Lat me know how the meeting turns out.

I plan on using Tableau which is a great software tool for visualization plus already has built in maps of entire U.S. along with lat/lon for all major geographic markers. 

A: I worked really f****ng hard and read a lot of books, and spent a lot of time asking people who had been successful before I was. 

Lits are money of Lithuania-lats are the money of Latvia.

@James Ng , it used to be you could suggest he buy with seller financing, but with the uncertainty of the new Dodd Frank act it is difficult for someone to finance a home that the buyer intends to live in.

I often see impossible pro-forma numbers, that manipulate this reality.5 miles can be a world of difference as far as potential tenant pool, too.electric can vary depending how close to the beach, it can be 10-15 degrees cooler in the summer when you are 2-3 miles or less from the beach 5-10 degrees cooler 3-10 miles from beach, and maximum hot summer further inland... so air conditioning use can vary  depending on this.... also, if the heat is electric vs natural gas and the stove too, since NG is much cheaper than electric.that's my 1.5 cents