Identify a property that can be acquired at a discount for whatever reason (benchmark 60% ARV)2.

Quote from @John Archer: Yeah I was just curious, A big reason why I started to listen to him was because BP was pushing his book. 

Taking reasonable action trumps scouring for a good deal, whatever that might be, 99% of the time. 

On the podcast David keeps saying that house hacking is the easiest way to build wealth through real estate, advising to add one property each year paying 5% down.I'm theory it sounds great but in reality assuming you buy a property in the 500k range, there's no way you'll be able to make it cash flow which makes it hard if not impossible to actually scale and do this every year or two.What are your thoughts?

Actually this is the type of information I needed!

I do not own in the market and will not own for other reasons but it is a solid market.

I agree with you 200% Mark,The times have changed and I'd argue only 1% of people who are "hungry" are actually hungry to do the work required to be successful in this industry.

Find out how much those late payments really hurt your borrowing power (ie get actual numbers on how much you'd pay now vs once your credit score goes back up). 

Hi @Ryan Louz if you do choose Philadelphia please do your homework and find someone to bounce questions off of who actually knows the city. 

The reason Lifestyles suggest these companies is not because they do the most mortgages it's for other reasons like kickbacks and favors.