For some reason - I feel like I can't succeed at this...

[Jason Eyerly]

Okay, I'll admit I've only read "Real Estate Rookie" so far and I have ten other BP books to binge through. I understand a lot of the loan times, requirements, credit, down payments, etc. I am in a good spot finally to invest and work as a salesperson in RE. I get super excited looking at STRs, houses in need of reno and updates on the MLS, and I feel a surge of excitement. However, the more I start looking at determining values and rehab costs and such, for some reason I'm overcome with doom and gloom of "No, there's no way I can pull this off. I'm gonna end up in financial ruin". Aside from finishing these books over what's left of the wildfire season - probably a good two or three months, what's the solution here?

Househacks make fine sense, even STRs if they're turn key, I understand the BRRRR methodology, but fixing sad houses and flipping em is what I look forward to most (aside from just being a numbers and data nerd) and yet I feel defeated before I've even started. I've even talked to hard money lenders to see their down payment requirements and such but I just feel.....like this is impossible.

[Seth McGathey]

 What are you stressed about? You listed all the things you know and have going for you, but for your stresses you just said that you feel stressed and doom and gloom and that was it. You didn't say what gave you that feeling. So maybe lay that out a bit more for us. 

But more generically, everyone is scared for every deal, especially for their first. So you are going to have to take the leap at some point. I think you are on the right track with a BRRRR and/or house hack. I got started with a house hack, and it makes the leap so much easier because you are buying a house to live in, and then the renters just save you a bunch of money and make it easier. To me, house hacking is the gateway way drug of the real estate world. It eases you in, and allows you to prove to yourself in a relatively safe way, that you can be a landlord.

Finally, if it helps, show us your potential deals and let us give you feedback on if it makes sense.