If you know how to price properly,  complete and adhere to standard state PSAs, contingencies, disclosures and addenda, open escrow and prove you are financially qualified to buy, go for it!

I know real estate is the number 1 way to self made wealth and financial independence.

They had a lot of financial issues when they moved out and I'm waiting awhile to give them some time before filing a judgment.  

But, as a courtesy, I specifically warn about a constantly running toilet and the financial havoc it will cause on their water bill. 

Also, I'm having some confusion about what financials to put in my business plan. 

Most of my knowledge about REITs comes from my background in financial services.  

If you want to look at Owner Occupied Seniors, there are 8,558 (age 60-89, 20+ year ownership, high equity, home value up to $300,000, single family)Of these, 2065 have low Financial Stability Scores.Message me with your email address if you want to see the full reports.

If I am helping to partially financing them but bring on other investors that support my plan/idea (I don't know if they will be partners or purely financial backers), does that make me essentially a developer?

And then he told me I am not entitled to the financial records and he can answer any questions I have.

My goal this year is to buy just one property and then see how that goes for about a year and then each following year purchase 2/year until I reach my financial goals.