So many factors are at play.Net worth is a component but it tends to be iliquid.Someone buying a 4 million property putting 1 million down but has net worth of 3 million and 2 million is liquid still looks pretty good. 

I recently discovered BP and I've obsessively been listening to the podcasts and have just started working through the UBG.

This allowed me to discover Bigger Pockets.  

While I agree that a book can't magically create motivation, books (like conversations with people and new experiences) can help you discover what makes you tick, provide new lenses through which to view your world, and open you up to new ideas. 

I think the missing component would be, how much do you have to put into it to get it to your target ARV?

For Starbucks backed by 20,000 plus stores  you generally get the full value of any tenant improvements you spend as the owner.What some owners do with local tenants is they pay the leasing brokers ( over time ) what they are owed and have language that if the tenant defaults and vacates then the remaining percentage of leasing commissions is not due.The leasing brokers want all the money upfront so it is a negotiation as to how to structure an agreement with payment.Now the PM company that does ongoing care for the property the lease up is a separate component from the management fee.

I am interested in all types of property, whether a rental, personal residence, multi family, apartments, doesn't matter because I would really like to get involved in most facets of the industry in the future and really discover which of them I am great at.  

First off, only the interest component of your payment is an expense; the reduction in principal is not (it's reflected in cash flows from financing activities in the cash flow statement).Your interest expense belongs "below the line" of NOI (net operating income), along w/ depreciation.On a side note, IMO you may be dangerously close to mixing personal and business activities, which makes it easier for others to pierce the corporate veil.    

In the opening chapter, he discusses why estimating based on square footage or number of rooms can be inaccurate, and then proceeds to detail how you can estimate every major component of a property based on the price range, materials, and labor.

Today after doing some more research on the property I discover the owner has a realtor.