Since it is so easy to get started and once you start doing deal you can make big paydays it is NOT overly ambitious to shoot for 2 years to a 6 figure salary (pre-tax profits).

I have been harping on people to use DSCR as a metric when analyzing properties ever since I joined BP.When you talk to a banker and show him how your property perform based on a DSCR pro forma, you instantly gain credit as a knowledgable investor.

The guys that do not do fine are the posers that set up shop one maybe 2 years ago who instantly became "market experts" and are now in the wrong market and sitting on outrageously overvalued basis and have no strategy but hold and prey. 

People bust boxes to get the cards graded and hope for a bid payday. 

Hey All,Just came across Bigger Pockets the other week and instantly fell in love.

wow, how unfortunate that people go to these lengths for what sounds like an effort for an easy payday.

They have been told that instantly they will close dozens of deals a month and cash big checks.

I wanted something to provide high-level returns instantly without heavy calculation to figure out if it warranted deeper analysis. 

It changes the relationship exponentially, and I would also argue that taking the initiative to travel to the market (and the team members knowing that) instantly increases your credibility in their eyes.  

We have two tenants who never pay due to their pay day schedules (and of course living paycheck to paycheck).