Are newer investors as smart we think we are?

He IS one smart man. 

Start now, you will reap the benefit of appreciation, get equity buy down, cash flow if your smart about the buy, and interest rates are still decent.  

The rich have for-the-most-part recovered or positioned themselves to recover from their losses from 2007-2008 (if they were smart), the ultra-rich have gotten ultra-richer or positioned themselves to get ultra-richer (again, if they were smart), and the poor (and even many middle-class) are now in a holding pattern waiting to see what happens around them.The 40% drop in median networth may be a correct figure, but it's certainly not representative of what happened on the ends of the spectrum -- many lost everything and many increased their wealth considerably (or have positioned themselves to do so).

He is as smart as any investor out there.

I no longer use Berber because tenants aren't smart enough to cut off snags (even if the reason is carefully explained).

I'm not super 'experienced' but I have done a couple flips and after looking at your photos I think turning it into a walk in shower is a smart decision.  

I would go back to your original listing and review the photographs and ask yourself the following questions: are there enough photos, are they professional quality or taken by your agent with their smart phone, are they staged well, were the photos taken at the best time of day, are they recent and current to the season you are in, have you included any photos to showcase the lifestyle and community, are the photos representative of reality?

I have plenty in my Roth IRA account, but I don’t think pulling out that money would be smart.

Utilized Smart Move for tenant screening and self-managed.