You really have no idea how helpful all these little tidbits of knowledge are.

I see it more a knowledge and exposure thing, reality vs perception.

If you need an example, go to my profile page.With that knowledge, I can then give you better direction as to where, what and how to invest with real estate.  

I'm still in reconnaissance mode... so need to collect as much information and knowledge as possible before deciding what to do.  20-80 is more of a rule of thumb and not a "magical" ratio.

Get knowledge, follow experienced people, and leverage wisely.My Take:If you have two houses, excellent credit, and motivation to build wealth, you can learn to manage your money responsibly.Use HELOC, credit cards, and business credit funding to leverage your cash and buy properties faster.

My personal experience after 40 + years in the real estate industry is that “wholesaling” is a very INEFFICIENT AND INEFFECTIVE way to gain knowledge and experience relative to real estate.

But you want to build a financial safety net for them.  2.  

I am excited about gaining more knowledge and deals! 

I work full-time; I’m trying but I know there are gaps in my knowledge.

Hire a licensed and insured electrician there are codes that are in place to protect people and property it is a safety risk that you should not cut corners to save a few dollars on.