The author had guts stating they were in the same boat.

I asked a couple questions and they answered as if they do qualify but I just don’t have a good gut feeling about them just based on the brief conversation.

Ignore the instinct that says you have to be an overnight sensation in this industry to be successful, and focus on the day by day bit.

I did that and my husband & I gutted and rehabbed the house we now live in.

You have to be very careful with your numbers in areas like that since the rehab costs are often steep because basic systems (plumbing, HVAC, roof, etc.) are often gutted and you have to consider that property taxes in these urban areas are usually astronomical with very difficult, off the radar tenant pool (hard to track incomes, criminal records) who have a lot of experience working the system to stay under a roof. 

Last summer I had a gut feeling we topped out in the USA,and sold my only Real Estate position as well as mylong positions in all stocks that don't do wellduring a downturn.After 15 years following and studying markets,I just placed my 1st shorts, and they are alreadyappreciating in value, as the market goes down.Zillow is in trouble, our mortgage broker just gotlaid off, and our RE broker, changed firms.Besides converting to cash and/or gold,shorting stocks, how are you hedging?

I decided to gut the entire building and change floor plans, add washer/dryer to each unit, remove all the horsehair plaster, add closet space, and upgrade EVERYTHING.

Complete gut of the 1950's and Updated 1970's house and Updated with all new everything.

What looked like mostly a cosmetic rehab turned into gutting the entire bathroom, closing in a garage door, re-sheet-rocking the entire kitchen and re-grading the entire backyard.

one thing that is popular would be for you to house hack into a 4 plex  gut it out for  a year .. then move on .. that gets you minimum down on 4 doors.. with best rates..