After reading multiple posts from you ( And eventually started listening to David Greene ), I realize that I am not the problem but the people that I dealt with who had 0% emotional intelligence. 

I'm not using any creative financing techniques for these first two units, which means I will certainly be leveraging my income for my mortgage loan (this is why I am debating the importance of a 20% downpayment on the second unit, and eating some insurance costs in the process). 

I've also read Ashley Kehr's new Real Estate Rookie book, and I'm reading Buy, Rehab, Rent, Refinance, and Repeat by David Greene and will follow that with J.

Plus, since the plans have already been given the green light and the area has a history of successful apartment rentals, it seems like a pretty solid investment.

Hey Bigger Pockets fam, I'm JP Wurth and I'm an engineer for Corvette engine assembly in Bowling Green, KY.I have just got my primary residence under contract set to close at the end of May.I will have a good chunk of equity coming my way after closing, and knowing this cash is one of the hardest aspects of getting started, I don't want to miss the opportunity.The most I could borrow is 400-450k total between primary residence and investment.As properties pop up in this sellers market, I'm crunching numbers on a small down payment (5-20%) on a primary residence, and 20% down on an investment property.

@Jonathan Greene*wholesalers are becoming a personal problem lol

So far I have read "Rich dad Poor Dad" and I am in the process of reading "Sold" from David Greene.

David Greene just talked about this on his podcast and it's a short version of what I'm going to tell you: https://www.biggerpockets.com/...An LLC is useful for two things: anonymity and legal protection.

That is luxury high rise condo / rental territory or a Green Hills/ Forest Hills/ Belle Meade / Oak Hill home and usually those are Million + homes with plenty of amenities. 

I imagine many just had to eat the loss in some cases.