I have been handing over wholesale buyers to MAJOR sellers / brokers for at least 20 years and have not made a DIME in Real Estate and Commercial Real Estate as a BIRD DOG, BIRD DOG helper, BIRD DOG asst., or plain old BIRD DOG, regardless of whether I signed an NDA, CA, or anything like it with the seller / broker.

After months of obsessing over anything I could get my hands on regarding real estate investing I decided to make the plunge!

Obviously you are not the legal owner of these firearms and I would wash my hands with them completely.

On the other hand it could also be as Bjorn says because I only looked on the MLS so far in combination with the fact that many are overpriced.

Paper Towels (two rolls) ($2-$3 bucks)Toilet Paper (4 pack) (for when moving people forget the basics during a move)Hand Soap ($1.79 I think)Dish Soap ($2.00 or less Dawn)I spent maybe $60 on all of it max.

A syndication is very unlikely to have no debt).On the other hand, syndications allow most investors to access and diversify into asset classes that they would not be able to own on their own because the entry point is too high (ie, offices, mobile home parks, self storage facilities, larger multifamily etc.).

He has now mentioned that he wants to get back into the real estate game, and buy more properties later this year, which he agreed to have me come along to witness first hand how the whole process takes place.

One is that when you are highly leveraged, if the economy turns and you can't cover your bills because you lost your job, can't pay that mortgage while it's vacant or have multiple vacant properties, you are not in a great position and are likely to lose it all.On the other hand, if you are either a) not highly leveraged, using cash instead so you have no payments to make in a worst case situation or b) you have moderate leverage that is balanced with hefty cash reserves that you can use to carry your operations for years to come or even pay everything off...thus suddenly eliminating the risk you carried previously, then you are in a much better position.

Fifth, you get hands on experience in a very controlled situation. 

As opposed to handing everything off to a local mgt company or service like Evolve.