Hands on local is the absolute best and lowest risk way to learn the business and then you are in the driver's seat rather than dependent on the kindness of strangers out of state to make or break your investment and keep your best financial interests at heart.

Something I will take to heart myself.

From my perspective if it has negative or very low positive cash flow I would sell in a heart beat.

Ultimately, you have to have a passion for either or both ~ real estate, or getting a degree.We tend to put our focus, time, and money into those areas in which we are passionate, because those are the things we love to do and we're good at.I don't think this is a question of "logic" so much as a question of the "heart".  

And I believe in my heart that splitting deals doesn't work, you need skin in the game and money in the table for coaching, then you generally work harder.A good analogy is seeing a psychiatrist and having your daddy pay for it.

If you go hard at it, you will start to learn really fast.You can absolutely do it you just have to believe in your heart that you can. 

But it is hard, and not for the faint of heart.  

I believe in finding out the sellers motivation for selling.A lot of times they will tell you why they are selling and whether they are trying to get any money out of the deal or not.I have purchased houses with no money down in the heart of the real estate boom with no problem.

It is beautiful and heart warming to see so many people helping others out in an industry that seems to be predominately populated by sharks and gurus.I'm pretty new to the whole deal - but I am tired of working a standard job where I am mostly just benefiting my employers.

Not for the faint of heart or for most beginners.To be honest, it's hard for me to understand how we keep seeing these types of HOA foreclosure posts on BP, usually from FL.