I hope it also sheds a light on some of the challenges faced in real estate.

I would take that money and do one of a few things with it:1-Look for a JV partner to do a larger deal with2-Keep learning about the market and investing as a whole and sit on the money until you have enough education to leverage it3-Use the money to set up your real estate business and buy leads & marketing betting on yourself may be the best of the optionsAlso tread lightly around the leave NJ advice places like OH, Baltimore, even parts of South Jersey can be money pits where ripping off out of towers is a cottage industry.

Tenants should be 100% responsible for consumables like air filters, water filters, light bulbs, etc.

I hope it also sheds a light on some of the challenges faced in real estate.

I've used several "light" management platforms and landed on Avail (Avail.co) for the last five years or so. 

It is not something to be taken lightly!

agree we omly use led lights now inside and out

The inefficiencies in this market should be a huge opportunity for folks who take the time to find and vet operators and projects, and come to the table with clear theses, looking for operators and projects that match those theses, rather than reacting with FOMO to promises from the most famous influencers in the industry.I think it is mission-critical that BiggerPockets and this community shines a light on the industry and exposes the good and bad operators, and steers LP capital away from "lopsided bets" and towards humble, honest, hungry, capital raisers offering solid projects in areas they have clear competency in.

Or maybe even just focus on properties with a very light rehab?

Myth 3: I need to get educated firstActually this is Not a myth and should be done first and not taken lightly.