Even if you didn't make much, you learned some valuable lessons that will enable you to be successful in the future.

The Measure of Our WorthThe measure of our worth is not what we have done for ourselves;but what we have done for others.There is more to life than personal accumulation, building wealth, and cash flow.Less debt enables you to help others.

That will enable you to identify quality-minded people.

This still enables you to gain access.

They've mastered supplementing their income and don't live beyond their means...

I've been told: 1) that if there is ANY flood zone on the property, even if the house is not in it, then mortgage companies require insurance2) Flood insurance is very expensive (after the first two years of government supplement ends)3) 1+2= longer hold times and lower ARV Are this "facts" true?

Partnering with him enabled me to do the first 4 deals and even though it was more expensive i still made money.

Giving the money ENABLES that guy to stay homeless and he uses that money for crack, not food.It's the same with the food banks.

He feels it would sell in a matter of weeks or months at 140K or so.I am mostly looking at real-estate as a supplement to retirement income in15-20 years, but some current income would not be frowned on either ;).So , what do you all think?

I have goals to be able to do this successfully by the time I retire for supplemental $$$$.