I think that the vast majority are sincere in that they desire independence, wealth accumulation, status and are willing to work for it.The problem as I see it is that almost all these individuals lack education and experience in business, so they tend to be easily misled by the hucksters, promoters, and braggarts pushing the narrative of no experience, education or money needed for success in these endeavors.

We closed Mental Hospitals because of the perception, dumb.

It’s about mental models.I’ve made my share of mistakes managing small properties, and these models are what keep me alive as a landlord.1.

Hey Nicholas, congrats on taking the leap, that first flip is always the toughest mentally, but it’s also where you learn the most.A few quick tips: Stick close to your budget cause surprises happen, but having a small contingency fund helps. 

To file the paperwork doesn't cost THAT much, maybe a couple hundred, but the nightmare of getting someone out could take a mental toll on you and ultimately end up costing you thousands more - especially if they trash the unit. 

A common model in larger operations is the "Promote/Carried Interest" model.

That may mean keeping yourself mentally motivated until capital/financing options exist to allow you to jump in.Personally in the beginning I'd recommend looking into DSCR loans.

I don’t if I can’t find some mental ship right now or later than the line I would appreciate some guidance or some information on some tools or resources.

Company Name: Logo:Offer:Discount/Promotion: Contact Info: 

Track each source’s hit rate and spreads in a sheet, promote the top two who bring you deals that appraise and close, and cut the rest.