At best you will only get burned a few times before you figure it out.

I don't want to push investing to quickly and get burned out by a stupid deal or mistake.

Hey @Timothy Burns welcome to the site!

Unrelated to photography, recently a forest management company gave me their card and the information was burned onto a paper-thin piece of wood.

All but one got burned.  

Just takes some added self-discipline; you don't want to burn yourself out.One big advantage you would have over other investors is that you could bid on HUD homes during the first owner-occ period before they open to investors.

I'm new here and would hate to burn bridges and come off as a bait and switch, used car sales man, deal scraper, pick pocket, or take food off your table to provide for your familyIf you know someone who knows the answer to a question, go ask them, don't reveal your source of the information if you feel it would hurt your market share up in Washington, and relay the message....Spread the wealth of knowledge is all I'm asking for.

You're going to spend about $4,000 in appraisal, title, escrow, lender, due diligence inspection for yourself, bla bla bla, fees, that you will never get back, as well as the big fat giant $7.50 per $1000 purchase price transfer tax.With that in mind, go spend a few hundred to talk to a lawyer that knows this stuff well.

Obviously the reality is all over the map, but I am finding this to be doable (on paper at least).Now, I am not an expert, but it seems that almost all "Make Money in Real Estate" books, and this website, are geared towards folks that don't have $500k burning a hole in their pockets... so there's not a lot of conversation on this topic...

Both can burn you if they don't function properly, you can feel the heat from a camp fire and avoid it, but the damage from a microwave may not be felt until the damage has been done, your mistakes can surface later on without realizing what you did wrong.