Use business plans, professional letterhead for your business, and other marketing techniques to show your organizational skills and investor acumen.

They can sharpen skills you already have, or expose you to things you've never even thought of.

A house hack is like that beginner run (but BRRR'ing, wholesaling, and out-of-state investing are more like double black diamonds).With a house hack, you can make money while learning the essential skills you'll need to succeed in RE investing (e.g.; how to analyze properties, how to find an investor-friendly agent, how to engage in a strong due diligence process, how to screen tenants, how to manage the property, how to build a network of contractors, plumbers, electricians and other pros, how to manage the book keeping of the property, etc., etc., etc.

Come December, I was ready to pull the trigger because Ashley has just acquired her newly minted real estate license and joined the FI Team, and by the time I would close on this property, 12 months would have elapsed since I last purchased a primary residence.Thanks to Ashley and her expert negotiating skills, despite this being her first deal as an agent, we were able to get this property under contract for $10,000 under asking at $665,000.

If anything, I believe this is more of an indication for you to really make sure that you are securing real estate that is within close proximity to these hospitals so you can make sure you can have a scarce product for consumers (e.g. medical professionals)Hope this helps and don't hesitate to reach out if you ever need anything! 

You don’t have to be a wholesaler but you do need the same skill to get off market you just can be your own end buyer.

Because of this, any PM with any skill will quickly begin focusing on B's and A's, and will avoid the C's and D's like the plague (unless they're being paid very, very, very well for their time).If the property is C or lower, I'd be more concerned about getting rid of the property than getting rid of the PM.Unfortunately, this is a somewhat common trap that inexperienced OOS investors fall into (and it's the thing that gives OOS investing a bad name). 

Most people don't have the financial skills to save up and invest in anything.

If your locale does not require licensing, you will need to find the info on your own.Additionally, you need to be skillful in areas of marketing, organizing and prioritizing, systematizing, IT, communications (written and verbal), delegating, design, and much more.

For me, Iḿ a skilled and senior investor that evaluates the long haul. $400 is steep  but if I know I can add value, raise rents and be cash flowing maybe the next year it could work.