Sellers who are still on the market in Nov/Dec tend to be highly motivated and prices start dropping.

It is understanding possible sellers motivations.  

But if “by doing” he means investing without first having the knowledge to KNOW the risks, EVALUATE the risks (and potential rewards) and to TAKE ACTION to reduce the risks then the cost of this learn by doing education is probably going to be significantly more expensive than a degree in real estate from MIT, let alone reading the\ree or four texts on your own.  

Until recently I wasn’t motivated to make more money or grow my wealth.

One common theme on the forum that I have noticed is that reators who are active in a certain markets keep pumping their narrative and bias which puts me off as the motivation is at question here.

It can also help you stay motivated as you track your progress in building your real estate portfolio.What Is a Net Worth Tracker?

I deleted a bunch of text to mention I agree with most of your points. 

This was a great way to begin my journey, as my initial motivation for obtaining my real estate license was to purchase my own home, which I successfully did this year.Now, I’m embarking on a new adventure as a real estate investor.

Utilize online resources like BiggerPockets and podcasts to stay motivated and learn more.

Greg and his team have a unique system for fielding inquiries from landlords and tenants via call, text and email.