I love his story  his work ethic and how he is setting up the rest of his portfolio ( which frankly is somewhat contrarian to a lot of what is preached on this site)But JD its not all been wine and Roses for me  LOL.... as Account Closed mentioned 08 and that time period I made it through but just by the skin of my teeth and I am the first to admit it.. but that does not mean I forgot everything I learned leading up to that.what it taught me to be much more like Steve Vaughan in my thought process.. plus when you get older you just get more conservative..My big thing and it will always be is investors not really understanding whats involved in being a successful landlord and not understanding the risks related to certain assets class's in certain parts of the country. 

I like to put down as little as possible on properties, provided they cash flow, so that I can use my remaining cash in other ways to generate returns (stocks, bonds, downpayment on another property, etc.)So, when counting your rent payment as income you'll speculatively receive from a tenant, find your cash on cash return using this conservative cash-flow ($150/month*12 months).  

Or bonds, or stocks, or bitcoin, or crude oil.... you name it.Cheers...

We've found a few carriers who do it, but they seem to want your eye teeth as trophies before they'll actually sign you.

These are the kind of professional folks who buy stocks and bonds for long term holds and pay fees to wealth advisers to tell them where to place their extra money.

ADA requirements.It was like pulling my own teeth to get approval from my locality to build a 70x15 mini stg building and a 80x50 maxi storage building on my own commercial lot.

You need to make sure that you choose a Qualified Intermediary with government oversight, fidelity bond coverage, errors and omissions insurance coverage and substantial equity capital to safeguard your transaction.   

I have a great team on the ground that helped me cut my teeth and prove the concept. 

@Ned Carey The 3 or less comes from SEC regulations for small partnerships and raising funds, care needs to be taken that the entity is not recognized as raising capital and a note is a bond.

id=3919http://provomayor.com/2016/01/19/16159/7. 108 Million bond passed Nov 2014 to improve Provo schoolshttp://www.heraldextra.com/news/local/voters-approve-bond-to-rebuild-provo-schools/article_98645dd2-fbca-5b8c-9889-30ffaa8d9336.html8. 51k sq ft new Provo Power building under Const.http://www.provo.org/home/showdocument?