Real Estate agents can make a great income, but you won't get rich doing it, but you can by investing. 

No entrance fees and food is provided.

Reassess this number every five years based on the performance of the property and the amount of debt left on the property.If you do this properly, all your surprises will be good ones.If, on the other hand, you are speculating in zero-cash-flow properties that you believe in your heart of hearts will appreciate and make you rich, I wouldn't feel confident saying that you are investing in real estate with FI as a goal.

Do you have them clean, wipe food off of walls, pull out appliances and clean under, scrub shower, clean carpets, etc.?

At the end of the day, my profits put food on my table and cloth my kids. 

They just read some blog or listen to a podcast and think, "I'm going to start my real estate journey and become rich." 

Many of the “get-rich-quick”, “no-money-down” gurus tout the use of loan assumption when purchasing a property, but is it rarely a possibility in today’s day and age.

@Ryan Riches - If you haven't heard yet, Colorado Springs just passed stricter Short Term Rental regulations as of the end of December 2019 for single family, duplex zoning, or PUD single family (along with a couple other zoning designations).

Hi All,I’m new to this app and this group. Let me get this out of the way, the title was just to pull you in with those angry thumbs ready to roast the screen. I am just getting back into real estate after 12 years. ...

It is evil, and it is not necessary.There are all kinds of gov't programs for housing and food expenses.