Many newcomers spend their first few years working under a sponsoring broker, and during that period, the broker often earns a significant portion of the revenue.

You're going to have to spend a bit of time researching markets but I think picking a market you like to visit is always good. every vacation becomes a write off! 

But here is where your confusion is: I state, pretty clearly I think, that doing SubTos when you are underfunded is very, very foolish.Subject To – Why You Need Money To Buy Using "Subject To" (SubTo) - Safely, Legallyhttps://www.biggerpockets.com/forums/311/topics/1141313-subj...Using Subject To, to Get "Free" Properties - A Quick Guidelinehttps://www.biggerpockets.com/forums/311/topics/1060320-usin...SubTo - Before You Spend A Lot of Money on Subject To - Read This - Wisdom at Workhttps://www.biggerpockets.com/forums/50/topics/1141525-subto...Of course, I teach Subject To & Lease Options to people "One on One", to keep people out of trouble.

Hey Peter, thanks for the comment and the insight and you are absolutely correct about knowing what sells in your market, I see this happen with a lot of fix and flip projects that are just in the wrong areas, the investor gets the house for a good price however spends too much on repairs and adds a lot of luxury thinking that it will push the ARV significantly higher than the average in the area.

You said "don't do it for the money," but I'm sure money calculations were part of convincing you this would be a reasonable way to spend your time and money.

Simply put, there are a few ways to go about it and we will share our most effective techniques with you below.Use the Search Feature to Discover Motivated SellersWhether you’re spending time on Facebook, Twitter, Instagram, or another social media platform, the search feature could come in very handy to help you discover motivated sellers.

(Go ahead and spend the few extra dollars for the quieter fan; then the tenant won’t notice it as much.)

He felt spending more time disputing the rejection was not cost effective and i see his point but suspect airbnb recognizes this and uses it to their advantage.  

@Max Dauer just remember that even tho you may only spend a few hours a week actually working on them or dealing with guests, you are always on call.

Build up for your next investment.I'm not actually spending any of the investment money on myself for a car or vacation.