The old saying goes "you pay for your education".

You do have to get educated first prior to starting out.

need $100k + closing costs to purchase Property B$2.4M debt $4M assets =  60% LTVI think 60% LTV is plenty and any higher I believe is over leveraging.

I just think agents need to educate themselves better on market analysis and the rest of us as consumers need to know how to vet an agent.

Hi Bigger Pockets Community, I'm Elizabeth from San Jose - married with two school-age kids. Totally non-original story...my husband and I both work full time (I'm a teacher) and we're interested in real estate invest...

My risk tolerance isn't super high and I couldn't sleep at night if I was leveraged like some folks on here. 

In terms of setting a protocol - I could tell them it must be rented by the end of November or else - but wondering what my "leverage" is if it doesn't happen?  

Set aside some time each day to educate yourself. 

Scott's book and some other online resources would be brought up so let me mention that I've already read all of those during the past 6 months of my education phase. 

I have spent the past 6 months or so educating myself on REI as much as possible primarily here on BP by listening to countless podcasts, posting tons on the forums, analyzing hypothetical deals, networking with other investors, realtors, wholesalers, lenders, contractors, etc.