(sometimes the caps bend or break trying to get them off) All in all, it's not a complicated job for a Roofer that knows tile roofs.

When the “guru” encourages people with no capital to extend the lending limits of their credit cards to pay for his mentorship program suggesting that they will be able to pay it off with the proceeds of their first “deal”. 

With extremely low rates and high rents it was possible to just buy a few properties and basically use them as an ATM to fund your life and quit your job.

I believe in the beginning you should manage yourself not only because it puts more money in your pocket but because further down the line when you want to be more passive and hire PM, you'll have an idea if they are doing a good job or not because you have done it yourself. 

Also agree with suggestions above regarding facebook groups.

Hi Everyone,I am making a commitment to be more active on here, and going to try to post here a few times a month and also answer questions from my perspective for the younger investors.As the title suggests, I am a long time RE investor, have 3 properties 2 of which I rent out (one is cash flowing $700/mo , YES) I control 1M in assets, have about 250k in equity total.

Fruit-cake maybe, wack-job sure, but the psyco is a smart psyco. 

I would suggest you do it right the first time, and build new if you can. 

Suggesting that owning property in Puerto Aventuras is better than buying in Playa and Tulum because some areas in the latter cities is akin to saying it's better to own property in a little town in Upstate New York than in New York City because there are crime problems in some areas of New York City.