I've had wannabes, but nobody bright and determined  enough to beat the system here in Allegheny County seems to want to use their skills just to mooch off me to stay in a C-class apartment.

This is a great way for inexperienced borrowers to gain knowledge and skills while also getting access to financing.

Try to get a part-time job or internship with firms that deal with real estate or REITs to get real-world skills.

Showing off our skills and track record is important because it shows how valuable we are.Negotiation is a strong skill that helps everyone engaged.

Don't take advantage of someone's  poor math skills by saying "instead of $600 once a month, pay me $300 every two weeks."

I really don't think that applies anymore as the number one advantage of Real Estate is the leverage (it's easy to get money for it).However, You need cash reserves to make sure you stay in business and can keep building (both skills and wealth).To answer the question of BRRR vs Flip - It's all about "do I have enough cash reserves to make sure I'm going to stay in business?"

.* Appraisers with lack of skill or motivation (due to their low fees received or charged) which deters them from doing the work required for an reliable valuation.* Residential properties (2-4 units) are mainly valued by sold comps and not with the income approach, since these properties are typically not purchased for their income potential exclusively.* adu/jadu's add contributory value to the property as a whole, which may or may not = the cost to build them.

I just want to offer what estimating skills I have, since BP has helped educate me. 

The variables are skills, confidence, and love of the game.

Also, it is a great way to learn many real estate skills while maintaining a roof over your head haha.