You really have no idea how helpful all these little tidbits of knowledge are.

I see it more a knowledge and exposure thing, reality vs perception.

I'm still in reconnaissance mode... so need to collect as much information and knowledge as possible before deciding what to do.  20-80 is more of a rule of thumb and not a "magical" ratio.

Get knowledge, follow experienced people, and leverage wisely.My Take:If you have two houses, excellent credit, and motivation to build wealth, you can learn to manage your money responsibly.Use HELOC, credit cards, and business credit funding to leverage your cash and buy properties faster.

If you need an example, go to my profile page.With that knowledge, I can then give you better direction as to where, what and how to invest with real estate.  

Finding an agent who is knowledgeable about investment properties and willing to dive into research, even beyond their local market, is rare—but it’s definitely possible.I’m genuinely happy that you found a property that works for you.

My personal experience after 40 + years in the real estate industry is that “wholesaling” is a very INEFFICIENT AND INEFFECTIVE way to gain knowledge and experience relative to real estate.

I work full-time; I’m trying but I know there are gaps in my knowledge.

Thank you so much for sharing your thoughts, experience, expectations and thorough knowledge about locations.

I am excited about gaining more knowledge and deals!