Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

I know people that are really good at their trade (plumbing, cleaning, electrician, etc) but they don't have financial discipline, they don't know how to market, they suck at customer service, they don't use tools to their advantage, etc.Cody Sanchez (lady in the video) buys different types of businesses and makes them profitable by applying basic business disciplines.

Take the basic course requirements, complete the modules, and when its time to register for the state exam you can order a real estate exam question workbook from Amazon and use that to practice. 

According to the brokerage and agent, these individuals either weren’t serious or claimed they didn’t realize the property was occupied, even though it was clearly stated in the listing.I’m not particularly concerned about the property’s condition or the eviction process, as I’ve already secured some level of cooperation and have basic access to the basement.

.$49 Ring Video Doorbell - https://www.amazon.com/Ring-Video-Doorbell-Venetian-Bronze-2...Kinda the standard for basic video/audio. $59.99 Keurig K-Mini single serve coffee maker - https://www.amazon.com/Keurig-K-Mini-Single-Serve-Coffee/dp/...Great for a second coffee space.

If you sell property 1 you’re basically paying off a 3% mortgage.

I'm assuming it's because the wholesaler is basically the middleman?

Basically types of deals where you will pay the money back quickly, but I have heard of some folks getting financing for longer term with lower rates. 

Basically, it is hand holding for your first tenant and property experience. 

I generally pay on average 400-500/month a month for basic maintenance and repairs. 5200/year for property taxes. 5000/year for insurance.