While you are at it, learn how to manage your properties well because a large percentage of investors lose tons of money through rookie mistakes with non-paying tenants, unscrupulous contractors, long vacancies, etc. 

Hello Everyone, My name is Solomon and when it comes to the Real estate investment game I am on the newer side but willing to learn from others and when the time is right strike to get my second true rental property.

They are doing it because the lender is requiring them to, so might as well spin it into conservatism and positive messaging.But at the end of the day, the bigger tell to me, as I am learning the hard way, is fees.  

@Sandeep Shukla how much time do you have to manage AND learn:1) Fair Housing laws2) Fair Credit Reporting Act3) Consumer Privacy Protection laws4) Local rental ordinances5) State eviction laws and procedures6) Etc...Everyone thinks property management is easy until something goes wrong...

I also learned of landlords (at least in one case) that are getting HARMED by high volumes of text spams and calls from investors.  

The problem is he has no idea if any of them are worth anything and has now the impossible task of sifting through thousands of items, most of it probably trash, but how do you know without looking up each single one? 

I have my second contract with renters - it is great when they pay Lessons learned?

A lot of self employed property managers I know come from 2 paths, either they worked in property management under another company, gained experience, and left to do their own thing.or they had their own property and learned on the fly until they were big enough to start taking on 3rd party stuff. 

$7800 to learn how to make offers to properties that everyone already has access to?

I started in 1999 working with a Broker/Developer and it was the greatest experience to learn the business side of Real Estate and development.