Every experienced investor started where you are—hungry to learn and ready to grow.Lean on mentors, network like crazy, and stay consistent.

The biggest thing you can do is build your CORE 4 which consists of getting a great realtor, contractor, property manger, and attorney wherever you choose to start investing.Let me know how I can help you get going

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

If you are looking for a GC who will take care of all aspects of the project, you are going to pay a premium.

For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).

One thing to watch out for is the financing aspect of it - could be a hurdle getting a loan if the transaction is "non-arms length" - i.e. between "Friends" - might be worth looking at seller financing too

I completely agree that while luck plays a role, consistent diligence is what tips the scales in our favor over time.

Parts of it are similar to SFR, some aspects translate, but they are different worlds in different universes. 

Question What does a roofer invoice consist of?

Build 3mth emergency fund, 20% down payment, consistently paying down debt.