Martin Saenz - not afraid of failure- they pick up a telephone and call people- understand their value and pay for things to free up time to focus on more important tasks- never stop learning.

It is important however that you still know how to analyze deals and buy only GOOD deals because neither approach works if you buy bad deals!

In the case of direct mail, it is important to remember that on average it takes a few touches before the potential seller actually picks up the phone and takes action.

It's important to keep these separate from purchased/owned solar system scenarios, however mistakenly merge these together in their head as the same product, and it's not.

I was just saying in my post above that it's important that your accountant does taxes...PLUS be an advisor (which is where accountants bring the most value).To answer your question:I am assuming you are talking about a fix & flip, rather than a buy/hold.This will not go on Schedule D because you aren't selling an investment with capital gains/losses - you are selling a piece of inventory so there are no capital gains.

No matter the profession, I think it's important to never stop learning.

And being able to run your own comps is also really important. 

When investing in property, especially low income property in a blighted area it's important to note that things can go well for awhile but there will also be stretches of major difficulty.

With buy and hold strategies the terms of the deal are arguably more important than the price.

And most importantly never, ever, ever give up!