You are missing the magic of compounding interest.

I find newer investors over-using acronyms when they don't even know they mean - ROI, COC, BRRRR, etc.The most glaring old school vs. new school knowledge term that I think people should look to hear, not say, is holding paper.

Old school ledgers and rent rolls written on notebook paper...

If you're still in school, get a part-time job to help accomplish this.

I don't know a soul in a real high net worth that has it, I see people maybe under $10,15 MM use them and think they're magic.

The tenant segment we've targeted for over 17 years is families with elementary school-age children and a gross household income between $65,000 and $85,000.The only properties this segment will rent are:Type: Single-familyConfiguration: 3+ bedrooms, 2+ baths, 2+ car garages, 1,100 to 2,400 SF, one or two stories, lot size 3,000 SF to 6,000 SF.Rent range: $1,800/Mo to $2,300/MoLocation: See the map below for the areas where our target tenant segment chooses to live.What has been our results following this process?

An executive chef - he travels with a ballet company and feeds them - A family in before school started and leaves when school ends for their out of state move.

This is also known as a "magic lease" and it will qualify you for mortgage fraud if you are caught.

What does Baltimore offer , it has rental inspections , highest property taxes in the state , worst schools in the state , high crime rates , higher insurance rates , longer time to evict tenants , slower appreciation .

Residents can pay $1600 for rent and be in nicer areas of Memphis with better food, school, job, and transportation options.