I meet a couple new wholesalers a month who have the coolest website, company name, logo, motto, and burn out before getting a single deal. 

I in no way can say I understand nearly as much as I'd like about all the abbreviations and terminology but RE has been a burning desire in me for years and now im taking the plunge both feet.  

You will burn the $1000 in direct mail pretty quick and may not get the deal with it to give more cash for the next one.

The old school way to run a management company seems to burn through their staff which in turn translates into the poor customer service that seems to be prevalent in the industry.   

It turned out the house had burned to the ground and all that left was was the foundation and a burned out shell hahaCheck it out in person

Use HELOC later, as the interest rate may rise and you can get burned.

Hi @Jacob Burns Welcome!

I can't think of the official name offhand but it is promoted here on the bigger pockets website.  

Even if you Googled "Trump University Fraud" you well see that even our elected President participated in it and yet Trump has self-promoted as a Real Estate Guru who can help the average person.

For example, have you got great photos with descriptions, a well written sales pitch on the MLS, Zillow & Craigslist, a quality sign in the yard and an active realtor promoting it with open days etc?