@Uendy Garcia the last time foreclosure properties made sense was as profits were coming down because of overbidding the pros came down to accepting an 18% profit on the total purchase price and invested capital excluding personal time value.

Several things to contribute here: 1) Private Lenders with no credit experience emerge doing down payment and 100%/High LTV financing at the end of every cycle, 2) they're among the first to loose their shirts in every downturn, 3) although someone termed this type of lending "gator", it's not new, 4) the guy that coined it didn't get into real estate untill well after the last crash, 5) he has no real credit background or experience (he's never been a lender), 6) Google the guy's name and "looses professional license in AZ" to see what pops up, and finally 7) he's really effective at telling people what they want to hear, filling their heads full of hopes and dreams, getting them to buy his training, and his minios generally won't want to hear what a real, seasoned lending vet will try to tell them.

Although I will admit he has created multiple impressive businesses. 

Lastly is this a good investment at the age I am at currently, or is there anything similar to this career field that is in turn a great investment. 

Having spent the last few days scrolling through the forums looking for areas that fit my price point.

Marcus, Just saw the property come up on the MLS I think last week, and all offers due by 5/15.

Vacancy always seems to last longer than expected. 

There is very strong appreciation over the last few years even with the high interest rates. 

Contact the utility provider and get a historical average based on the last year of use.

To summarize, if you are approached by a syndicator raising money for a multi-family building that meets this multiple offer fact pattern (as is usually the case) who is awarded the contact, they more than likely assumed the most ambitious rent growth, most understated cap ex costs or operating expenses or lastly the cost of equity (your return) is projected to be less than the LP’s the other bidders relied upon.