There’s a huge difference between winging it and setting up a system that consistently brings in genuinely motivated sellers.Get a website, focus on the 3 pillars of conversion (look it up), and crush it.

Stay consistent stay the course and you will do great. 

Now enjoying "retirement" he loves to assist other new and seasoned investors down the path of financial independence through real estate investing.The Thursday meetup is quite similar and consists of several local investors who can attend when they are free. 

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

In my opinion, you need a standard (eg. no felonies) that is written and followed consistently to avoid fair housing issues. 

My mortgage and escrow don't allow me to consistently profit enough on both floors to handle a 20% management fee and not take a loss some months.

There are 4 months of on-time payments consistently.

It is definitely an amazing way to reach financial independence especially if you stay consistent with it!

I needed a consistent cash flow while still holding onto my regular full time job.

I've found you can negotiate a flat fee service at a slightly higher cost if you prefer consistency of cost over the risk.Fees - not typically large but transaction and back fees can add up in to the hundreds, if not thousands depending on volume and plan type.Income - additionals.