If you first start with one property with the goal of just a little cash flow, over time you will gain the real experiance you need to gain confidence to have what it takes to do more deals.The biggest thing my momma always told me all through my growing up was:"Don't skip steps"You will achieve your goals and aspirations if you have a plan that doesn't skip steps.

With derivatives, especially options, a sponsor (or his/her surrogate) could make more money trading in the secondary market than the sponsor could make on the original fees/carried interest from the deal.

It sounds like it's never too late tobegin, which his good for me as I've spent the last 26 years being a stay-at-home momma, homeschooling our 6 kids.  

"Your momma sure does care about your schoolin'" -Principal Forrest Gump

Or lease one insteadDon't take out a student loan.Don't add anyone to my cell phone plan.Don't waste time partying and drinking Don't buy jewelry, rims or sound systems Hang with the nerds insteadtake out my real estate license ASAPsave all my commissions for a downpayment while living in mommas house for free once I have enough saved to house hack a 3-4 unit purchase my first propertybuy 1 property every year for the next 10 yearsthen party and travel the worldAnybody have a time machine I could borrow?

Then we grabbed the surrogate paperwork already on file and I spoke to the County recorder and employees who all know me pretty well there.

I think they'll be fine there, and the Momma is going in and out feeding them it seems.However, it started raining so I didn't patch up the hole in my siding.

I should also mention that I am in the enviable position if having a "sugar momma," my wife is a radiologist. 

'If Momma ain't happy....there's no-one happy" :)We just had a Bio PhD & Elect Engineer move after 2 yrs in our > $1500/mo rental as the PhD's full-time position didn't pan out.

Hey momma, let's hook up and we can dump this crib together....?