I definitely made some mistakes over the past year, but that comes with the territory and I have learned some valuable lessons as a result. 

The cash flow from that asset could pay for the loan I took out so I essentially still have that house paid off (I'm still not making payments on it, the new asset is) and I now own 2 assets instead of 1.A few thoughts are that every dollar of equity is a dollar invested at 0% and exponential growth (spreading money across multiple properties, profiting from appreciation and cash flow, refinancing, and doing it again) is much faster than linear growth (paying off one house at a time).Of course, this is using leverage and using too much leverage can be painful and dangerous so I'd personally advise to not get too aggressive. 

Just wanted to see if that mindset was wrong or dangerous.

I am currently wholesaling in Dade, Broward and Palm Beach counties, but Broward is my main territory. 

Buyers over leveraging with short term debt planning on strong rents over the long term to push the property to an acceptable cap rate will be in possible danger of a default.Now there is the going in cap rate and then the realized cap rate after value add strategies such as cutting property taxes, offloading utilities to the tenant, raising rents in a way under market property.

Get enough education to be dangerous (LOL), and do the thing!

I run into knob and tube all the time due to the age of the building, it comes with the territory.

That stuff gets in the ducts and leaves behinds dangerous chemical compounds .

The danger is that you will regularly learn the tip of a subject from a polished speaker and it almost always sounds amazing.

The danger with using ratings is that sometimes you are just seeing agents who do high volume.