I think the go getters and the strong are influenced by the doubt from others, while the weak give in and believe the doubters. 

Okay... pardon the weak verbiage then.

For single tenant net lease the type of tenant available and market cap rates can vary by state and then location (rural, weak suburban, strong suburban, urban core).

At the end of the day, success in Real Estate comes down to understanding relationships. 1) Your relationship with yourself, which means understanding your goals, strengths/weaknesses, and desired life balance. 2) Your relationship with other professionals.

So a lot of bad/weak ideas got funded and some games played:1) Actually sold raw land as a TIC. 

Today, we can easily see the available data for what it is, all it's strengths and weaknesses in plain view.

There are borrowers for that money lots of it and there is a migration between states strengthening the seller's market and the buying markets in states that prior to this were weak.

Personality: Very strong discipline and work ethic, smart, analytical, detail and numbers oriented, currently improving a weakness of time management and getting lost in the details and getting better every day.The plan:  Flip as full-time as possible while:  Flipping one house at a time to start so I don't over-leverage in case something goes wrong  Hiring out as much work as possible to focus on the big-picture process, plan for the next one, and maximize the pace of flipping, learning, and scaling  Target C class houses and neighborhoods in Kansas City, MO (maybe 60k-100k ARV to start).

You have to pay a lot of transaction costs and the realtor.it sounds like the cash flow would be weak though, especially considering you have such a small loan on it compared to the value of it.

These are weak protections, in my view.My better answer is much more straightforward: keep your life simple and NEVER lend in second position.I know several lenders who seem to always lend behind our first position loans.