I manage some property for a Doctor, they financed the whole bit and are not having very much cash flow, I take most of it in a management fee.
I just hate seeing people who are in bad financial situations get sold on the concept of real estate is going to make them rich. You see these late night infomercials all the time promoting how to buy property with no money down.
Do you feel you have learned much from your client who is the doctor when it comes to investing in real estate? What would you do differently or similarly to that client if you were in a situation that allowed you to invest like that?