Then educate yourself on the different real estate asset types, capital stack locations and strategies (which all have different risk reward profiles) and split your allocation among them.

So there's a risk in opting for downtown neighborhoods (maybe crime, maybe it's easy to end up in the wrong street), but what is the reward? 

I've been debating Turnkey for some time now compared to a traditional BRRR but am skeptical of cash flow reward vs total amount into the deal. 

Most of the time it is to get a reward later and the anxiety and hesitation is natural, but it is the ones who fight through and persevere that become successful.

@Jade Bloomfield I used a secured card from BOA then get their cash rewards card then their travel rewards card.

He thoroughly explains the risks not just the rewards and provides resources and ideas for how to handle such risks i.e. due on sale clause, various state laws, etc.

I'm local as well and start my investing career in Everett.Wholesaling is a competitive business and can be quite rewarding.

By educating yourself on the risks and rewards of real estate investing, you can make informed decisions that minimize your risks while maximizing your returns.Myth: I need to put 20% down on my house to avoid PMI.Many people believe that they need to put down 20% on a home to avoid private mortgage insurance (PMI), but this is simply not true.

I would read the following:1) Any of the books that Dave Reynolds and myself have written (OK, that was obvious).2) Sam Zell's book "Am I Being Too Subtle" not for the MH component (only about 4 pages although he's the largest owner of mobile home parks in the U.S.) but because it has excellent discussions on the concept of risk vs. reward which applies well to mobile home parks.3) "The Man Who Bought the Waldorf" which is one of the greatest real estate books of all time and tells the story of Conrad Hilton and how he built a fortune, lost everything in the Depression, and then bought it all back for a penny on the dollar later when everyone else would have just jumped off a bridge.

It’s really a matter of risk and reward, sure, there is risk, you have hurricanes, in fact, Wilmington North Carolina got hit with one last September and we lost two months of the tourist season.