As in any area of real estate investing, it's best to pick a niche and learn it.

so - what are the ages of those items, how much will they cost to replace, and how long will they last? 

Two identical single family houses, side by side, would be worth the same, because value is based on comps.You need to learn how to underwrite an apartment.

Your development looks fantastic, and I'm keen to learn more about mixed-use development.

I've had some work items bogging me down along with a very sick relative. 

Thankful to have a resource like this to learn from my community.    

- It gives you peace of mind to know that should a loss occur, having funds readily available to replace lost items will reduce the strain on your relationships.- It’s very inexpensive and easy to obtain a policy.

Then use the lessons you've learned to do it again, only better. 

Learning that this is a very different animal! 

Real estate is more than a passion; it's a path toward financial freedom that I believe many of us share.Whether it's tips about specific areas, insights into pursuing wealth through real estate, or simply a friendly chat about San Antonio's culture, I'm all ears.Looking forward to building friendships, learning from you all, and growing together.Cheers, Eddie