I.e. no vacations, cars, or charitable donations.First thing: 6-month emergency fund invested in a low-yield fund comprised of mostly bonds.

Education in stocks or bonds or real estate or other assets teaches investing.

.* Get the necessary insurance and bonding.* Submit paperwork to State.

I really appreciated that and that's what bonded me to him.

Reserves can be stock, bonds, cash and yes up to 50% of your 401k in most cases.Reserves is not your HELOC or Credit Cards like several foolish investors tell me.

I've come to learn you cannot rely on tenants for anything more than taking care of what is in their unit interior and even then, with some, it is like pulling teeth. 

At the end of a bull market in stocks, investors move from high-risk, growth stocks that have clearly reached their peak, into conservative, defensive, dividend-paying stocks or even bonds in order to protect the built-in gains that the investors racked-up while the market was soaring.

It is alleged that Xpress Loans 911 LLC, Jill Berg, Robert Berg, and others are providing loans in North Carolina in violation of "Article 20 - Loan Brokers" by not having the proper licensing and bonding as required by law. 

Bond holders may now get into income properties. 2.

You my friend are tied to a sinking ship called the stock market, bond market, IRA's, etc. to get out you pay a hefty tax, but you might as well save and invest for the long term because it always goes up right?