Just keep reading...learning.....studying.

You should budget $150 - $400 per unit into your diligence costs for these studies.

@Ori Nahum  One of the biggest "mistakes" or road blocks to Real Estate success I see is College students studying a Major that's not lucrative or too crowded and piling up huge student debt that cripples their DTI (debt to income ratio).State Colleges and Scholarships are great!

I was on the board of an HOA for 3 years and we were required to do a reserve study for the 160 unit association and update it over time.

So I've studied real estate quite a bit.

Taking time to study, taking people out to lunch, coffee, dinner, networking, continuing to study, continuing to network, getting out of your comfort zone...I wanted to thank everyone here whose had both a direct or indirect impact on my education.I'm excited to share pictures of my first rehab once it's under contract and hear all of your feedback.

After a lot of study I believe that having a mentor is my best option to get started.At the moment I have found a mentor that charges 50% split on all net Cashflow until $500k is reached ($250k each). 

@Derek Buescher  I suggest to study the story of @Joe Fairless I think your questions will be answered after that.

It features three case studies and discusses how relationships within the Black Diamond network made the deals easier, or even possible. 

Read and study as much as you can, and keep your eyes and ears open at all times!