.), which will more than eat up the $16k you have left to work with.

I'm an agent- I know my numbers - the wholesale deals I review - they don't.Some quick examples...they forgot to mention in the estimate that termites were eating up the back wall?

Welcome to BP community, hope all is well.What was my driving force was eating up audio books to speed up the gaining knowledge process, in return I would gather my questions faster for more deeper research.also all podcast/video-blogs from BP, listen to all of them until you start feeling a craving for a certain niche, then focus more on that new found hunger.recommended books:-Rich Dad Poor Dad-Millionaire Real Estate Agent (known as the Red book within REA's)-Millionaire Real Estate Investor (known as the Blue book within REA's)-4 hour work week-The E Myth for Real Estate Investors-Profit First-10x Rule-Ultimate Beginner's Guide to Real Estate Investing (free from BP)Good luck, you seek , you will find#keepthehustle #lifeisworthliving #notdreamingitsreality

Holding costs will eat away on potential gains, assuming you can sell higher than what you bought.

Water is impossible, so just eat that along with things like insurance.

Either way, you succeed when you continue the process to its logical conclusion.The only way to fail, then, is to make the conscious choice to stop continuing The Success Cycle before it reaches its logical conclusion.That is, "Success is a Process.

@Jonathan Johnson My primary advice is to be conscious of return on time.

I'm sure you read 4 hour work week , if not you need toHowever, your generstion needs to learn everything is not always a passionI have much to share on thisProbably will write a bookI'm really a writer, academic by tradeThat forced myself to work against my passionI became a electrician heating and airI can do Sheetrock flooring tilingDo trim work I forced myself to learn intrinsic value so I would not have to pay contractors and eat profits that are so vital to retain in early stagesMost people are like meThey are just ordinaryThey can't create corporations and syndications of raising capitalYour generation has many good ideasBut the falsity of always following passionAnd not understanding of developing left hand in basketball is self defeating and propels disallusionment and neglects to look at one self long and hard in mirror 

Essentially, we eat the costs for our borrowers.

If they are okay with it, then you have your cake and eat it too.