The other thing, it's my understanding that folks in San Fransisco walk around naked and saying you think you caught some body part of a possible partner, well, many are pretty conservative here, especially the saw and hammer types, just saying, not that I have any preference, well, I do, but, well, you know, we don't have to explain everything!

If they have made and kept millions and millions of profit and then some to me that carries much more weight than wholesaling little deals.This mentor has more than likely seen many different cycles and has been successful over a very long period of time.I talk myself to other brokers who are in their 60's,70's, and 80's in age and have seen many cycles.

I plan to take out a loan from a bank to finance the first FLIP, i always read bout Hard money and OPM but all of that comes with vERY VERY HIGH INTEREST RATE or knowing someone who will be willing to drop cash with some body with no experience or track record (I do not have the luxury of knowing someone).Anyway I am here to take any advice on my journey and I am excited!!!

@Eric Liu & @Brent WatsonWhere the Federal rules come into play is for Section 8 housing governed y HUD rules and Fair Housing Authority complaints.Otherwise the FBI is not coming to your house and counting bodies, unless you're like the house in Houston this week where there were 100 illegal aliens in one 3 bedroom house.

Of course the wagon slowed to a stop when there was only one man left to pull the wagon and the crowd riding in the back---it could no longer move forward because the weight of the crowd in the wagon was to heavy a burden for a single man to bear.

But you can definitely find the body of the CAR purchase agreement online.

Also remember that a good home inspector during the due-diligence phase is worth his weight in gold.

I run a full time crew, but when I need more guys I call my friends and usually somebody has some extra bodies they can spare.

That information would be worth its weight in gold :-)@Dawn Anastasi I have the same investment strategy as you!

And yes amenities are considered as well, not pools or spas or weight rooms, LOL, fridge, stove, A/C and type of heat....And your qualification % are HUD guidleines @ 30% and 10@ with usual circumstances, like additional handicap accessible amenities required.