I am creating a high school class to introduce students to career possibilities in the field of real estate, investing in real estate and flipping houses.

I had a landlord of 40+ years chew me out early in my career about taking better care of my properties and I'm glad she did so.

Has anyone ever seen someone get into a career-ending deal?

My real estate career started long before I had any aspirations to become a real estate investor.

https://youtu.be/hgOyRwg8LfUSupposedly he sold McMansion and spent every penny brought 11,000 rental units.And it got me thinking...In my career as an investor (over 10 years) there were many sacrifices and lost in time of mounting uncertainties, but it all gotten me to where I am today.

I would do it myself but I have a career I love.

You can go back and forth between the two- first single-then young kids and dependent spouse- then kids out of house and spouse with career- then old coots who just want to play with the grand kids or deal with a serious illness .

Thanks Ali... have you done any rent by room rental strategies in your career PROS To Investing In Rough Areas am i missing anything here:1 get higher rental income for apartment rentals 2 will be able to pay mtg off sooner and do upgrades to increase property value 3  if i go with rent by room strategy will make even higher income that can be used to buy another property, go on more vacations and enjoy my retirement Am I Missing Any Risk Factors:1 I will buy with VA LOAN will put myself, safety at higher risk by living there for 1 year 2 MF property value may remain flat no appreciation - will just cash flow3 harder to find a PM company to manage in rough areas4 if i find good PM co. to handle PM they may fail at mgt, or quit leaving headaches to ME 5 harder to sell property if I decide to sell because of headaches managing it or whatever6 will be specializing in rent by the room strategy whether in rough area or not so rough area concern about how this strategy will work for me

Rinse and repeat for every tenant for the rest of your career. 

So this friend of mine is in his late 30s, and has another 30 yrs of career left ahead of him before he wants to retire.