What if a person does not have the skills to earn $7.15 on an open market?

You sit there for about 8 hours a day, following rote learning techniques that allow you to replicate your productivity over and over, and following the instructions of the person in charge while being discouraged from challenging the basic principles of the system.Anyone who can achieve those goals makes an excellent employee in a typical retail or manufacturing workplace...but not a very good innovator...I've run organizations focused on "technology innovation" for a couple of the largest tech companies in the world, so I know the skills, approaches and personalities it takes to be successful at innovation.

Obviously negotiating skills will play into this.

What kind of contractor would I call to look at that & give estimate -- a drywall person, or do I need to use a GC because there is more than one skill involved?

This program would be broken out in 3 parts during the day 1) Learning a Trade 2) Business skills 3) Math, English, American History and Health.

In addition to gaining direct knowledge, you also improve several aspects of your thinking - reading comprehension, analytical skills, logical reasoning, etc.

Some of your cautions are well taken and I thank you.I am probably trying to "buy a job" because it is the only viable occupation that goes with my skills, in which you have the potential to make some good money.Incorporating as a LLC and getting a partner may be the way to go or maybe finding a property under a 100K and put the 50K cash i have into it, with the other 50K coming from the HELOC.The other idea that I have read a lot about is finding pre-foreclosures that you could sell wholesale or maybe buy it subject to the Sellers loan keeping your money invested to a minimum.Are there a lot of folks in this forum that wholesale property?

Also, lacking in math skills.

The big question is what skills, assets, traits, etc do you bring to the table to mitigate the risk that would otherwise be inherent in this investment.If the answer is none, and unless the upside makes the risk worthwhile, you should probably pass.

The cap rate reflects the risk assumed, as pointed out above, and the return on our investment as well as the return of our invetment.If you go to an attorney who has been in the business for 2 years, the value of his services will probably be less than the one with 40 years experience, not so much as he knows more of what is contained in the statutes, but that his experience in applying the law to benefit his client.The skills you acquire in real estate are similar, if you are new and you flip a property that was not touched and you try to get 35% profit, and get it, you may be viewed as greedy considering what you brought to the table, more like lucky, but if I made it, those in the business would probably say something like, he identified a great bargin and worked magic to bring it to market value.