Noble too that you want to pave your own way financially apart from your family.Recognize that it's a get rich slow game (which I'm sure you know by now).

I think you need some more reading before you try playing the game 

So what's the upside in spending extra money on a machine that quite often will cause you major headaches?

Ultimately I am an opportunistic investor who wants to be conservative on his first few deals as I have a young family and see success as more likely the longer I can stay in the game.

If you want to be in this game for the long profitable haul you need to make sure your properties align with your numbers, otherwise when the market hits a snag you may not be able to come out of the trenches in one piece.I remember when my husband and I went to bid at our first auction sale (we had attended several auctions before to get a feel of the atmosphere) I had an excel sheet for the property I was interested in and detailed profit/loss for every $5k increment of bid.

Don't stand on the sidelines while others play the game for fear of failure!

They have plans to hold these properties, upgrade them and build a potential 18 unit building.They are very new to the real estate game although they've managed these properties that has been in their family for many years.

@Xi GuoI wouldn't go into it UNLESS you have an unfair advantage and a long term plan.It is possible to create a haven for honorable people, however you have to stick around long enough to earn a leadership role.This is not a flip and it's not an ATM machine.

We should meet up sometimes and discuss game plans, strategies we've learned, etc. if you want.

In the past 2 days I have picked up 2 more new buyers with net worth exceeding 10 million.If you are a buyer the deals are there but you can't play games.