The main exception seems to be service providers who promise to speed up the learning curve or help investors make money faster, which is almost always unrealistic but taps into basic human nature.

That’s what prompted the post, trying to figure out how others are vetting for the basics before even getting into deal structure. 

Basically it appears that somehow they managed to split a larger parcel into three smaller parcels, leaving one of them without road access.

Basically, you can fill your entire month, if you want....

Don’t let structure slow down action.What to do over the next 2 yearsThis matters more than the property itself:• Build clean credit, one or two cards max• Save aggressively for down payment + reserves• Study rents weekly so numbers become second nature• Learn basic landlord laws for Illinois nowIf you do those things, your first deal will be obvious when it shows up.You’re asking the right questions at the right time.

I’d say 9 out of 10 people I know who invested out of state have given up after a few years and either lost money or only made a little and could have done much better in basically any other investment vehicle.

This board is just the flips and wholetails we’re actively working on — the ones that come with rehab chaos, dumpsters, and me praying the market gods stay friendly.And before anyone from my team reads this — YES, you all are way more organized and technical than me.I’m basically a holiday elf in human form — balding, slightly disheveled, and working out of my “fancy office,” aka the dining room.But here’s the thing: this chaos works.It’s real.And it really shows what’s possible when you build long-term private lending relationships, stay consistent, and maybe sneak a candy cane or two while crunching numbers.So, this holiday season, as you deck the halls and untangle the lights, remember: success in real estate doesn’t have to be perfect.

Quote from @Nick Cikity: What kind of rehab price per sf is everyone seeing for a very basic flip (paint, flooring, fixtures) for condos and or single family under 2000sf?

You’re able to learn the basics of a real estate investment with lower risk and build equity at the same time.

The Rich Dad book is entertaining and a good start to catch your interest but it would be worth considering having a good handle on basic finance such as other forms of income for diversification, tax implications and maximizing retirement vehicles.