The only caution I give people is to make sure they have a solid income to where they won't feel the pain of the loan. 

My plan is to be as knowledgeable I possible can so the deals I present are rock solid and convincing enough to get my money.

Pick solid operators and solid asset classes.We syndicate self-storage projects.

The key is building systems and finding solid property management to handle things while you move around.

Really about growing a strong portfolio of solid deals.Now that being said, if you are a high income earner, well qualified, and can't find reasonably good deals: (i) you can connect with a well connected real estate agent for off-market deals; (ii) you might do a very narrow cost-effective cold call or letter writing.

The foundation was already approved, permitted and finaled years ago for a 3400 sf house, and its solid and I won't be building directly on the overhang edge; but rather back away from the edge a few feet to prevent any load issues all the weight will be on the longer sides of the existing footing.

Make sure you have a solid understanding of the revenue and expenses and that you are able to verify everything.

Most of the solid multi-family properties we find are gone in less than 24 hours and usually overpriced.

Thankfully I have no property in NY.I loved this quote which shows just how clueless people are about housing issues:“Housing instability is at the root of so many problems facing our city, such as exacerbating homelessness and hunger, failing to meet our children’s educational needs, and undermining public safety,” said the CWTU in a statement.

Changing careers can certainly be a challenge, but it sounds like you're equipped with a solid foundation thanks to your sister's support.