Dave Ramsey got burned by over leveraging and he would use cash and not use leveraging when he restarted.

Here is a quick tip I do to do some research on people as too many people get burned in real estate and investing because they don't do proper research — or they stop at page one of Google.One of the best tools you have right now is ChatGPT — if you know how to use it right.If you're vetting a sponsor, fund manager, educator, or "guru," don't just search their name.Instead, use a direct prompt like this:"Researching [NAME OF PERSON AND COMPANY], should I invest with them, do they have a criminal history or many complaints?"

I've been burned more than I want to admit, and hardened.

It is getting an investor base that has been burned in the last few years to start to trust again.  

-Two apartments are under Fannie Mae loans which have extra insurance requirements- I've filed one insurance claim in my entire life - a total loss on a duplex when it burned down.- For the apartments, I’ve had to move insurers multiple times due to insurers non-renewing in the Atlanta area-The apartments are now clearly in the non-standard market only —  due to (a) apartments being more than 30 yrs old and (b) crime scores-Example: 8 units in zip code 30318, 2 stories brick.

With $110K, you’re in a good starting spot, but Florida flips can burn through that quick, so sometimes you gotta think a little different.

I think a lot of gotten burned out there from the last few Hurricane seasons and with some revamped FEMA replacement guidelines it really has impacted the coastline, i.e. all of FL.Combo that with insurance difficulties out there, I think there is a LOT of reconsideration from capital markets that are going to impact it.

You’re spot-on—trying to invest in California is a fast way to burn through your money for little to no return.

Don't want to have to burn time trying to figure this out as part of a transaction. 

I have been in the biz long enough to be burned a time or two.