Sorry for the late reply but thanks to all for the knowledge.

Ultimately, I want the primary source of my income to come from investments in real estate and private businesses.Although I’m pretty much a silent reader for now, I will join the conversation as I feel like I have more to contribute.Thanks to the active members for sharing their knowledge, and good luck to everyone on their endeavors!

The knowledge and credibility you gain will be very helpful in obtaining investor clients.

I find this to be the best source for down to earth knowledge that is so hard to find sometimes.My plans for next 1-3 years is to get my first REI property and get my feet wet in the real estate.My future plan 5-15 years is to build a portfolio to retire on. :)I really enjoy BP and super excited to learn from all of you folks on here.

There are very skilled wholesalers who market their mentoring abilities nationally and I also don't know how important current knowledge of the mentee's market is.What might I be overlooking, and how important is local market knowledge or having the mentor have a financial state in each deal in order to sustain their attention and availability?

I have used this knowledge to negotiate thousands off liens.

His knowledge of commercial real estate is very sound and he thinks like an investor.After that, you should be able to start searching in your particular market for a commercial RE broker/agent to find your types of properties.

If you're going to get into the fix & flip business, talk to a knowledgable attorney about the best entity to form.

Unfortunately, it's going to be tough to have such a limited role in the investment (especially with limited knowledge/experience) and still be successful on your own.

At the lower end the mistakes are not nearly as costly and the knowledge gleaned from those mistakes is very valuable later on.