@Tim Waldorf the two biggest sponsors by volume are Inland and Passco.  

Probably some of the biggest ones was not being responsible with the money I was making and re-investing in more RE and taking on a partner that I trusted implicitly who took advantage of a young kid (he was much older than I was with lots more RE experience).

My 2 biggest debts are my college loans and my truck. 

I think one of the biggest problems with anything is the understanding that you'll actually have to work your *** off to make money.

Don't underestimate repairs as that's the biggest pet-peeve I personally have with wholesalers.

What would you say is the biggest issue to look out for when doing this?

I think the biggest issue is that many Realtors do not like lowering their commission rates in order to get deals done, which I have done on a some of my transactions to get the deal completed or initially when the contract was signed.  

That will be your biggest hurdle by far.

. $9000 deduction and you go from a negative tax liability to a tax liability of about 80 to 90% of your annual rental revenue.Paying off your primary residence makes perfect sense, but if you're in the business of real estate, use the tax laws to your benefit, and park your money where you'd get an equal amount of additional revenue, while you maintain your biggest tax deduction to offset your new additional income.As far as what to do with parking that nest egg, all your suggestions are great if you have a passion for it and will follow through to mitigate each of their respective risks.

The wealth and cash flow I am building is just a wonderful consequence that allows me to build wealth for others and enjoy my family.So, BP Community...what is your biggest problem you struggle with right now?