The owners didn't answer any calls or texts for like 3 hours, so we just went to a local restaurant which btw I got food poisoning from, lol we ended up having to stay in a local hotel instead.

I would suggest that you listen to Get Rich Education podcast number 197 and 112 and get inspired.

Today, he is a syndicator.You don't need a lot of money to get rich in real estate.

Then I look at bedroom count (I like 3 bedroom properties but I will buy some 2 bedroom if they are a good enough deal).Then I look at the pictures to see the extent of the rehab needed and to see if there is anything functionally obsolete about the property such as 7 food ceilings or small rooms with no closets that are trying to be passed off as a bedroom, or a really small kitchen that doesn’t fit any appliances.If the price is right (all-in at 75% of the ARV and it can cash flow about $200 or more and I’m walking into 20k - 40k of equity when I buy the property) and the property isn’t too weird, I’ll buy it.

It’s not get rich fast but get rich for sure, I love real estate!

This book just says that you don't have to pay SE taxes unless you provide "substantial services" like a hotel or bed and breakfast (maid service during stay, food, or concierge).

This is debt taken on to purchase DEPRECIATING, non income producing assets, like cars for personal use, vacations, food, clothing, etc.  

The correction will start with the most highly leveraged people and work its way down the food chain.

Also remember that real estate is a get rich slow game, and that doing 1 deal a year is a lot better than most people.

He said two things - Rich Dad Poor Dad & BiggerPockets.