Just recognize that it takes persistence and continuous improvement to make it happen.

I've also been wanting a rental property for a while, but recognize that I might absolutely hate it.

They are some of the first expenses stayed by the court as they recognize living expenses.

I agree and recognize where the risk is in SFH rentals and like a business I have unique and proven ways to minimize these risks.

Opportunities will arise and your ability to recognize them will be well grounded in your formal education, not in strategies of any niche of any industry.

That's not to say don't buy a home just recognize it for what it is, and that buying bigger will reduce your borrowing ability.

Seems like a marketing term as it is not an officially recognized profession in the mortgage or banking industry, I've ever heard of, a guru type term and probably used to describe those who are not legal brokers.

I recognize that apart from reading books about real estate I need to start and learn more about the specific market that I will be investing in.

And, please also recognize,(DISCLAIMER) that though I am licensed and experienced in this industry or REI, I am not claiming to provide set in stone, perfect information that you should live and die or even sell and buy by.  

Your tenants in these working class neighborhoods would likely never do you harm, but it isn't hard for other people in the neighborhood to recognize its right around the first of the month and "Hey look, it's that landlord's car..."