Real estate is a business where you provide a service to an open market. Whether you own a small condo or a large building, real estate is a business.
Your decision depends on your comfort level and time commitments, as you need to manage the business. Decide if you want to be hands-on (involved in daily operations) or hands-off (a capital investor).
Our strategy is to facilitate real estate investing for those who prefer a hands-off approach. Most of our partners are busy with family or have successful careers that prevent them from taking a hands-on role.
Yesterday is long gone, so there's no need to dwell on it. Tomorrow? You could wait for next week or next Monday (like starting at the gym). But the best time to act is TODAY. Don't wait to invest; invest and then wait.
Yes, it is, especially when you have no clue what you are doing. However, you can minimize your risks by getting educated or partnering with an experienced real estate investor.