It's also about having resources and desire.

I dont have the desire to do what he does, but I listen because I enjoy his insight, outlook, hunger, and mindset. 

You need to learn how to convert your leads otherwise you will send thousands of mailers and not have the desired success (been there). 

For example, if you are looking to connect with other members near you, want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could use the search feature here: https://www.biggerpockets.com/search/usersI really like the alerts feature that can quickly guide you to current topics that may be of interest: http://www.biggerpockets.com/alertsThere are a few self-contained guides that you can access here: https://www.biggerpockets.com/guides

Mission statement “Both Business & Life”( business is great but must know what we want in life as well )4 D’s In Life and Business and life(dedication, direction, drive, desire)Market Cycles ( understanding where we are today and heading tomorrow)Rush and Real Estate( never together in this business)Passion, Patience & PersistencePassive IncomeStop and Enjoy LIFE!

It really sounds like you need to start building a team for each desired task you want to accomplish. 

I don't think I necessarily agree, since your opinion of the real estate cycle might differ, just like banks risk profiles and desired portfolio components will vary, and it is up to them what type of risk they want to assume.  

It isn't the cost of flight (which you can't guarantee will always be dirt cheap, or convenient or desirable, anyway) but it is a question of ongoing ownership and not having boots on the ground.

If you start installing wood-look tile (criminal in the historic districts) and painting everything gray, you will not come close to the value of the good remodel comps in the more desirable neighborhoods.Good luck!

But if you've got a low interest rate on a long-term loan and you desire more properties, you may wish to go with putting that extra money into savings.