It's takes away some of the fear from unfamiliar jargon flying around you :)(I don't know if they still offer it, but I was able to take free pre-license classes from Coldwell Banker back in 2004, I just had to sign something saying that if I did become an agent it would initially be through them.)I won't lie to you: Working full time and getting started in real estate after hours can be tough, but it's definitely do-able - with some discipline.

My Monday-Friday schedule is pretty open as I can schedule my crews and send out contracts when simply feel like it.I joined a gym one year ago for the first time since the 80s and have learned about setting personal goals, discipline and how getting the results I'm seeing truly motivates me to go even further.

In order to do this, you will need discipline to be sure that you invest your savings and not spend them.

From what you've described it seems like more of an architect's domain being the overseer and organizer of the scope you need and bringing in the other disciplines you will need.

On the other hand, velocity banking is a strategy that can be very effective if the person implementing this strategy has the discipline to execute the all the moving components. 

That is rewarding bad behavior and at this point in his life he needs some discipline for bad behavior, not a reward.

I've avoided all that nonsense for 20+ years by acquiring excellent newer properties in the better middle and upper middle class neighborhoods and putting into place top shelf professional management that clearly understands that everyone's life is made much easier long term by screening for only the best tenants and treating them accordingly.A very simple solution, but one that takes a bit of discipline to actually follow.

Thanks Joseph for the informative post and for your Service.Great job and discipline,man you juggle a lot of hats!

Not wanting to understand IRR is telling me that your motivations may lack the discipline and drive to understand such a critical Analysis.

Discipline and persistence will pay off in the long run.