What would it cost to build two new houses (homes are for owners, strike that word from your vocabulary)?

Change your vocabulary.

Please understand that where I from HOA is not really part of our real estate vocabulary.  

I am fairly new to this and have a question on the vocabulary. 

What kind of vocabulary is mandatory to operate as a trustworthy/credible wholesaler ?

Hi Account Closed,It's possible and I've done it (not going to be a literal double close btw), but your retail buyer isn't going to be able to find the lender, and unless you find a BP member lender doing business in Illinois, you've got to explain it to the lender using very small words and no BPisms (ARV, BRRRR, wholesale, wholetail, transactional funding, etc... not allowed to use any of these terms, as none of those are in our day-to-date traditional lender vocabulary or covered in any of our formal licensing training/education). 

I´m 25 years old, originally from Mexico City, but living in Columbus Ohio since 2016 due to a job relocation.I have a bachelor's degree in systems engineering and a MBA.Currently working a full time job on a supply chain company in Columbus, Ohio.Actively looking to learn and start investing on Real Estate in order to get an early retirement (stop working for a company and spend my time and money on my own business).I have very basic real estate experience at the moment.I guess as many of you I started a couple of years ago with "Rich dad poor dad" and from there I have been trying to run out from the rat race.On November 2016 I attended one of this guru weekend workshops and taking out the fact that they try to sell you a "magic formula" to get rich with just little effort and paying them 50K, I think it was a good introduction to what real estate investing is, get to know some vocabulary and a better idea of how the business works.After attending to the workshop I decided to research a little bit more about RE and I found this awesome site called BiggerPockets, in which I have found a lot of interesting forums, webinars and podcasts.My real estate goals at the moment look like these...2017 - Learn as much as possible about real estate market on my area, raising money and exit strategies.2018 - Have a detalied real state business plan and do my first investment.2019 and beyond - Spend a big amount of time and money working to get a monthly income of 5K on real estate investments.I´m currently looking for a mentor to guide my real estate experience on the greater Columbus area.My main interest at the moment is the buy and hold strategy, so most likely I would like to connect with people already making some money of rental properties, but I´m always open to learn different strategies.In reward, my mentor will get my commitment of about 10 to 15 hours a week of hard work on helping get and analyze deals by performing some time consuming tasks that could be delegated to me so I can learn about the business while I help someone else grow your business.

You form relationships with experienced people by learning your niche, your market, and mastering the vocabulary related to your investments of choice.

Your education needs to include (this is not a complete list):1) Learning the general vocabulary of real estate2) Learning the different types of real estate investing3) Learning the rules/laws of real estate4) "Paper-trading" deals (analyse deals that other people have done to see how it works....

The numbers don't lie...so don't argue with them.The most expensive word in anyone's vocabulary, but is deadly in a REI vocabulary, is "rationalization".The numbers are telling this is is a bad deal...listen, and don't argue.