As time passes, they are able to show a track record that enables them to get partners, private money, loans or syndicate the large deals.

The main idea is that 1 in 3 renters in Memphis have to spend more than half their income on rent.As someone who is looking into getting his foot into the door of real estate investment here in Memphis (where I live and work as a teacher), I have been conflicted by wanting to make money with a property and the ethical obligation of providing quality housing.At the beginning of each school year, as some may know, schools have to verify addresses to make sure that the student still lives in the district.  

I had read tons of investment books, real estate books, all which had started with a high school teacher suggesting rich dad, poor dad, and i love her for it.

Inheritance does pop up, but not as often as you would think.It was interesting, in this issue where I pulled that survey, they had an article about Millionaire Teachers.

And what about pilot teachers!

Where is your mentor/teacher during this?

A 55-year-old heart surgeon can probably absorb a $20,000 roof without much trouble while a school teacher may have to borrow the funds at high interest.- Number of units.

The pros to getting the license are that you will learn a lot of the “nuts and bolts” of real estate, that it can enable you to enter a career in real estate if you choose, and the additional knowledge you gain could be useful.

After getting a license, what enables me to access the MLS and get the hot sheets etc?  

Others believe the money they paid to a "guru" is far less than what they would have lost if they went it alone and made their own mistakes. https://www.biggerpockets.com/forums/79/topics/149974-looking-to-get-any-reviews-on-mentor-investor-teacher-brad-sumrok-on-multifamily?