It depends on your mindset and what you need to succeed.  

Knowing how to make money several different ways on a prospective deal is one of the most important keys to succeeding as an investor.

The farther away from home you invest, the more diligence and outside help you will need to succeed.

As we have succeeded we have than added to it with true personals.

It turned out they were trying to baffle me with bullsh*t and as a result they didn't succeed.  

The way I look at it, if I try and don't succeed, I can always go back to working for a firm if I choose to.

The second person has no really high paying job and wants to get out of what they are doing and wants to succeed by doing something in RE either flipping it in some manner buying foreclosures etc etc.. well this is were the rubber meets the road.. if you have limited resources then your only hope to make money in the business is basically selling RE. in some manner be it wholesale flipping.. getting a RE license.. working as a RMLO ,, working in the leasing business etc.. and to succeed at that you better be a very good sales person because that is what it generally takes. 

Below are some links to get you started.I received this info from @Nathan Sharp when I first started.http://www.biggerpockets.com/renewsblog/2013/01/04/how-to-rent-your-house/(house rental guide)http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/(how to buy a rental property)https://www.biggerpockets.com/renewsblog/2013/04/09/how-to-buy-a-small-multifamily-property/ (How to buy a small multifamily property)http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/(guide to buying a duplex)https://www.biggerpockets.com/renewsblog/2015/11/16/how-to-choose-areas-multifamily-deals/ (Choosing multi-family deals) BP Podcast 061:How to Succeed in Multifamily Investing – A Unique Conversation with Josh, Brandon, and BenBP Podcast 131: Investing in Multifamily Properties in a HOT Real Estate Market with Serge Shukhathttps://www.biggerpockets.com/renewsblog/2013/03/07/profitable-ethical-landlord/The bottom line is that you must take action to start.Don't get bogged down with analysis paralysis.

Education in these specific areas was essential to succeeding. 

(Get Paid House hacking)https://www.biggerpockets.com/renewsblog/2014/03/13/investing-multifamily-ben-leybovich/ (Podcast 061 - How to succeed in multifamily investing-Ben Leybovich)https://www.biggerpockets.com/renewsblog/2013/04/09/how-to-buy-a-small-multifamily-property/ (How to buy a small multifamily property)https://www.biggerpockets.com/renewsblog/2015/11/16/how-to-choose-areas-multifamily-deals/ (How to choose multi-family deals)http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/(How to buy a duplex)https://www.biggerpockets.com/renewsblog/2013/12/12/bp-podcast-048-duplex-managing-tenants-darren-sager/ (Podcast 048 Duplex investing and managing tenants-Darren Sager)Much success to you!