At the end of the day just doing something and learning from it is better than not taking action at all and also may help you realize what direction you wanna take once you have experienced it first hand.

About the experience doing flipping I can say in my opinion there’s not a problem because he is already a GC he must has construction knowledge, he should knows how to manage a crew and other contractors to work within the budget in order to achieves the goals.

The author readily admits that not everyone wants to own 84 homes, it’s just to demonstrate the solid compounding benefits of BRRRR.Q: What would be a more realistic strategy to achieve the same net worth without buying 84 homes?

I recommend starting off by thanking him for meeting with you, that you appreciate the process that you both went through on the property, and that you wanted to learn more about the negotiations first hand from his perspective. 

What are you looking to achieve? 

To me, real estate investing is how I plan on achieving my goals.

They are willing to use their paid off sfr home (appraised at $150,000) to somehow help with financing a deal.Also, they contemplate the possibility of living in one of the units (rent free of course).Can you guys help me brainstorm ways we could achieve purchasing a 3-4plex unit??

If an operator buys and sells at the same cap rate, he/she needs to achieve a sizable increase of NOI to keep the investors from losing money.Anyway, rant over.

As long as you start and you can see your vision and your goal in your mind you can achieve your end desire. 

Continue to study, research, ask questions, etc...but in the meantime, build relationships with those who can help you achieve your objective without causing any harm to the consumer.