After that, you need to understand the essence of risk vs reward.

Effective management is key to maintaining and increasing the value of your investment.Step 7: Building a PortfolioAs you gain experience, consider diversifying your investment portfolio across different types of properties and markets to spread risk and increase potential returns.Mitigating Risks in Real Estate InvestmentWhile real estate offers substantial rewards, it's not without its risks.

The short-term reward of higher cashflow can be negated when the crap hits the fan like you shared, and years of profit are lost.

One can believe in a safety net and basic social equity and protections without rewarding bums and criminals.

Not all agents will have your best interests in mind so protect yourself.That leap you take to start a change in your life will typically always have some bumps and struggles, working through them is usually where the most rewarding growth happens.Keep us updated how you are moving forward.

Several books like "Am I being too subtle" will help to understand risk-reward.

I'd like to know how you guys would reward good GCs.

I've learned from previous experiences of letting go, having systems in place to manage efficiencies, creating a liability barrier, and rewarding the teams that do it properly. 

It's a thrilling and rewarding world, but it can also be overwhelming for newcomers.

As a fellow wholesaler, I can share that it's a rewarding path with its unique set of challenges and opportunities.