Figure my mistakes can save someone else thousands of dollars over the course of the life of an investment.

It’s not easy doing both but if it was, everybody could do it.Build your team, get one deal under your belt, learn from that, make edits and corrections to reduce the mistakes and timelines, then go do more.

Clearly there was a mistake in his calculations.

The very best way to learn and grow is to be open to making mistakes.

But still willing to ask LOL the worst he can say is no :)

Wife should not have paid final installment because, of course, electrician has failed to close the permit because he has his money (our mistake - never pay until job is 100% done even if what is left seems inconsequential and easy).Building a team is only part of the task. 

Been doing it for 15 years and made plenty of mistakes along the way, but the cash flow keeps me going.For appreciation, look for units that have problems that can be fixed economically. 

In my 5 or 6 years of access to this website on a full time basis, I have never heard that the interest rate matters on any deal, just know what you'll be paying when you do an evaluation or figure the worst case scenario. 

But a smart entrepreneur expects the best while preparing for the worst.

Seems like larger properties might be the sweet spot in large part because of the economies of scale, but if I (or when) I make a mistake it might be easier on a 100K property vs. 500K+ property so that is a slight reservation.