I owe specific thanks to @Scott Trench for his book, Set For Life, which played a big part in my decision making process, as well as @Brandon Turner and @Joshua Dorkin.I've spent the last 3 years behind a desk as an MLO for one the country's biggest hard money lender, working specifically with brokers across the country to facilitate loans on behalf of their clients, and the learnings from that position and the time I've spent on BP, reading the BP publications and forums has given me the confidence to undertake this life changing pursuit.If you or someone you know/partner with is looking for financing on any upcoming real estate investment, let me know - I strive to be of value and have an extensive lender network to ensure quick terms and reliable financing.

I like to think about it in terms of tangible things I can do, action I can take to retrain my brain and ultimately change or grow my mindset.

Long story short the area was changed to commercial allowing my project to move forward.

I realize that some money is better than no money, but that leaves tighter margins if something else comes up, market changes, etc.

I've learned in the past couple years my mindset has changed from being scared to make mistakes and therefore not acting to acting and being cautious of mistakes and adjusting to them when they appear.

We had 2 instances of late rent this year -- both tenants told us ahead of time, have a multi year history of on-time payment, and were going to be late on rent due to job change. 

Buyers will ask for custom changes. 

Do you change which purchasing contract you use depending on the seller?

That will be taxable as long term capital gains - 15% (plus state, if applicable).Keep in mind the tax bill, which passed the house, changes the 2 of 5 to 5 of 8, so you would need to stay 3.5 more years if that change become law. 

@Arley Collado Real Estate like many other areas is constantly changing and we are always all learning.