I only plan on bidding with a high margin for error.

I learn by doing anyway, just sticking to my standards so if I do make an error it will be mitigated by small risk / small reward.  

I will say, I've picked up a solid base of knowledge thanks to numerous helpful podcasts, blogs & books that have been recommended here and elsewhere.  

I disagree that tax can only be deferred for as in the scenario where we take back a 2nd note for any am't above $800K for the house, the payments can be made over time, which then can be paid in years when there is no W-2 income or offset against numerous mortgage interest deductions.  

There is little room for buying errors as you might well imagine.

And what if you have numerous apartments and storage buildings..

I've read around the forums and listened to numerous podcasts and figured that it's about time I provided an intro.A little about myself:Based out of San Jose / San Francisco, CARecent college graduateSpent the past 3 years working full-time in tech startup sales (yup - I was still attending school)Currently transitioning job positions from smaller companies to Indeed.com - also in salesSaved up money from my various jobs to purchase my first rental in Sacramento, CA using BRRRCurrently at 4 total rentals in Sacramento.  

There is little room for buying errors as you might well imagine.

Especially starting out because I feel I have very little room for error as a newbie.

I find it's riddled with grammatical and punctuation errors, the information in the chapters is not at all logically organized, and sometimes concepts (which are not common knowledge) are just casually thrown into a paragraph without further elaboration, which is confusing and hinders my understanding.