You’ll gain experience by talking to sellers (basics) then focus on becoming a better negotiator.

Now that he is in-school and has basic arithmetic skills, he periodically checks how much more he needs to make a down-payment on his first {rental} house  {being a minor, he cannot borrow on his own and definitely is not eligible for a high-ratio, insured mortgage, so he will need a 20% down-payment and the bank of Mom & Dad if he still wants to purchase a house when he has the funds}.We also use routine activities such as grocery shopping or fuelling the car/truck to discuss budgeting and how much it costs to run a household - at an age appropriate level.

For one, think back to the most elementary concept in investing - return is a measure of risk.With MJ becoming legal, it would be reasonable to assume that the return investors demand will drop with the decreased level of risk associated with the business.Second, it is my understanding that it’s currently much easier to attain a license to grow/wholesale than it is to retail (especially in a brick & mortar environment).In my opinion, that is likely to cause a systemic imbalance between the supply and true long-term demand.  

And I cant find that one again so for the past week I set out to watch all of the biggerpockets podcast so I am at 55 now. so ya each of them is an hour so I am taking as much information as I can. even the audiobook millionaire real estate investor is good by gary keller, its on youtube and free. so thats a good foundation that worked for me to get me to understand the basics.

Basically become an expert.

To me servicing means making the proper notifications, accepting payments, providing the accounting, basically doing all the proper paperwork in the right way.  

You’ll gain experience by talking to sellers (basics) then focus on becoming a better negotiator.

I am shopping insurance for the two 4-plex units that are basically together as one 8 unit complex.  

But only outside your comfort zone is where your future and success lies.That said, I highly recommend using the awesome tools provided here on BP to learn the basics of analysis and underwriting.

Basically since 08 when I went broke.