I was watching a Ted Talk with a professor from an IVY league school, lecturing on how bad gentrification is.

Here is the reason for my failure:-almost every single house that I saw through wholesalers was a piece of trash needed to full rehab involving fixing structural issues(I planned to find something light or moderate for start)-wholesaler's number was totally wrong - underestimated the cost of rehab and overpriced comps- their greediness went over the roof-when the deal on MLS was good enough to put my offer it ended up bidding my offer 40-50K over the asking price that ate entirely estimated profit.

But, taxes ate up a HUGE chunk of that.

Many investors got caught up in the fervor of 2006-2008 and ended up with "feed the alligator" properties that ate them alive every month.  3 - THINK LONG TERM - nobody knows what the future will bring, so while it is fun to make predictions, it is dangerous to become attached to them. 

oid=27846825 when i was there we ate downtown a few times and there was very heavy police presence by the GM building ..

I ate this cost.

They ate through walls, cabinets, you name it.

He looked like he ate a lot of fast food takeout.

True story, the man ate the loss & closed on the property without asking to amend the contract.Integrity is difficult to find in this business but they honor their word the best they can. 

Doing my best to not seem too needy :-D it’s just that I tried flipping houses a couple of times about 10 years ago and really ate my lunch, so I’m trying to do my best to not catch myself in that trick bag again.