This will help you to develop the skills to track, manage, and develop what to do with leads when they come in.

The knowledge and skills of repair work and dedication was there but the knowledge of real estate investing needs attention now.How did you find this deal and how was in negotiated?

(very small, about 3,000people, central US town on interstate, with a state college and city of approx 60,000 within 15mins and another liberal arts college and city of 15,000 within 10mins).No management fee, as I'd take care of the propertyMonthly repairs, I usually set this at 12% ($700-750)Asking price $600,000I've been approved for a loan at 5.09% (5/5arm, 30yr am., $1500 closing fees), given the option to put as little as 10% from a small community bank.

It’s a 3bd/2.5bath and will be my primary residence and I will Airbnb the open rooms.Although I was open to finding another out of state investment, I saw this as a great opportunity to 1) house hack and live for free; and 2) learn the Airbnb game so I can add another set of skills to my tool belt.Closings are set for 6/28 and 7/14.

I’m hoping that I can use those skills to optimize my bottom line.

Sharpening you own skills in this dept will serve you well and save you a ton.

Here are the details:-He owns the lot free and clear (existing single-family house on it with renters)-He hired me to design a 4-unit Apartment Building for him on this lot (new construction)-We got 90% of the way through the Planning approval process, only a few hoops to jump through there to finalize the approval-The Design and Concept for it is Approved and the owners wants to build it, but his financing feel though when his investment partner had to step away-I have no money myself to invest in this, but I do have the skills/ability to finalize the plans needed to pull the building permit.

The 12 year old comment comes from a place of concern for a focus on test score and "grades" instead of social emotional, soft skills, communication and community.

You're told to go to college and get a steady income (i.e. liberal arts isn't acceptable, so engineering it is...), because that's what's going to set you up financially in life.

You can build from your strengths as you develop new skills and become aware of things to watch out for.Give yourself time and room to make some mistakes.