Sometimes just buying more and more for the sake of it just another rat race. 

One day I was speaking with a great friend of mine, who is also a BP member, about how we HAVE to get out of the 9-5 rat race.

Then buy Jake/Gino's book, and you're off to the races for $200, rather than all the money on 'coaching.'

Has nothing to do with race. 

James you need a local investor who is also a broker that will go out and give you an opinion on it.I don't feel brokers/agents who are not investors themselves truly know how to evaluate risk versus return and location properly.There are rental markets where good can be defined.For instance certain areas of Atlanta are strong rental but strong crime as well.Those areas you can buy cheap but generally want a 15% CAP or higher to take it on.Nicer areas you might be fine with a 10% cap rate.It depends on if you are looking to hit massive cash flow to get out of the rat race or just want to buy a few tax shelters on the side in good areas and you already make a ton from your chosen profession.

You don't want to think you're in a ferrari racing toward your goal and find out your walking 10 years later. 

Real estate is not a race and it takes time to make money.

It gave me a rude awakening about the "rat race," and taught the importance of passive income, and also general philosophies about money.2.)

Real estate is a great way to get out of the rat race (I think).I guess for you, getting your first deal, however you do it, will provide the funding for the next.

Slow and steady does win the rat race...but not till you’re like 60.