Had 4 hours to pull together cash in order to execute on the deal.

Much like college you can learn the principles, but don't truly learn how to apply them and execute until you've got some experience under your belt or have on the job training. 

She probably felt vulnerable with so many in the house at once.

Finally if you are a big type A personality (I am as well) I recommend keeping that emotional distance, just make a plan for when a tenant doesn't perform or the house has an issue, and then execute it. 

Had 4 hours to pull together cash in order to execute on the deal.

But he had previous business and real estate success, which you will need in order to raise capital to fund the down payment and have skills that translate into execute the business plan effectively.

Owners that are not on the board are extremely vulnerable financially to fraud and general mismanagement.It has taught me to remove emotion from decisions.

I have cash I can leverage to try and get remodeling work done without having to do it myself, but I want to execute on that correctly.

In the beginning twice a month is probably great, but once a month is probably fine too - most of all it has to be do-able, and if possible automate this if you get too busy.Finally, if you're a perfectionist and find you're getting hung up on over-planning and not executing (this has been my big problem, I'm not saying it's yours :) a book I think is excellent is "Finish: Give Yourself the Gift of Done" by Jon Acuff.Apparently I'm incapable of writing a short post. :)Would love to hear how things work out for you, I know people throw around a lot of dismal stats about starting out in real estate but I was a long shot and I lasted (including through the recession as a single-income person, my husband conveniently showed up in 2012 :) and I have a friend who started out new in 2007, right when we were gearing up for the recession - she did amazingly well while other agents were leaving real estate - combination of good sphere, amazing work ethic, high competence and she's very good at articulating her value. 

@Hadar Orkibi I was wondering if you had seen the chart below and if it is similar in NZAustralia Warned To Prepare For "Severe Housing Collapse" And "Banking Crisis"“Australia’s housing market is a source of vulnerabilities due to elevated prices and related household debt.