Where the "nomad" will find success and a greater opportunity to increase their wealth is in emerging markets that have a high demand for their skills and a relitively low cost of living.

I can't tell you how vital this has become now that I brainstorm and realize all the mistakes that I've made.

I lack the people skills that I feel are necessary to do a lot of the deals I see on this website, but I feel my work ethic and ability to learn fast should allow me to succeed in this business (albeit not as lucratively as some as you).

Make good relationships with skilled professionals in case there's something you don't want to or don't know how to fix.

HVAC skills are a huge plus in rehabbing since that can be a big expense.

My day job is an equity analyst so I believe I can leverage some of that skill set in real estate, and believe that real estate is an attractive investment at this time.

For someone who claims to have critical thinking skills and the ability to parse truth from verbiage, I'd think you'd want to actually read the comments you are rebutting...But, you probably learn your debate skills from the likes of Glenn "The Rapist" Beck and Rush "The Druggie" Limbaugh, and figure that listening to the other side would only make your argument weaker, so why bother...

In other words you don’t have a clue what I am bringing to the table and how much work I put in on this. and with my negotiating skills the buyer will probably get a better deal with me.. even after I CARVE out my deserving cut.

I always figured anything in that price range would require a lot of construction knowledge to rehab (I have zero construction skills, although I have painted a couple houses).

We split up the tasks based on our skills and abilities, and everything seems to work out great.