The people here are very valuable assets, if you have a student mentality then you will learn an awful lot here!

You have to be in the right place mentally; ready to receive instruction willing to listen and to take action.So, how do you know you are ready?  

Furthermore, just following the thread of you writing to others, I had the same mentality about not having family to help me financially.

Due to all that most of my focus has been trying to get better mentally and physically. 

Not even the felon part but lower income tenants tend to have unstable work and life histories, mental issues, etc.

Have an abundance mentality- I'll close 35 of these small deals over five 20K deals. 

Don't start in the business with the mentality of looking for loopholes to do what you want. 

I think that mentality is exactly what played into the bubble that has leveled half the US real estate market.Originally posted by "SeanBrown":Again, I'm saying that there's more to the picture than just looking for cash flow, and really, I think that is what Mike and you are both saying:Originally posted by "Ryan Webber":I've had properties that have a lot of equity and little cash flow and I've had cash flow properties that have no equity, and frankly I prefer Mike's strategy of having both.I do not JUST look for cash flow in properties.

I finally feel ready, as I am at the cusp of paying off all my student debt and other mistakes of my early 20s, and cultivating good behaviors of savings, watching my budgets, etc, mentally undoing years of bad habits developed from financially unsound parents(not meant in a negative way).We want to buy a 4plex, live in one unit, house-hack, and do the whole deal.

Just to get mentally comfortable with running numbers often