Determined not to give up or get discouraged, we continued to learn as much as we could by listening to the 24 audio sessions and now have a better grasp on evaluating leads, comps, etc, but something is still wrong.

I feel I have a pretty good grasp on my business plan, and I'm ready to have a consultation with a CPA and attorney.

You need to make sure you fully understand and grasp the underwriting process prior to being able to confidently present LOI to sellers as well as deals to outside investors.

Next time I go, I will be much more prepared to have a real conversation and I'll understand what they are saying better.When I said 'most lenders' I should of choose my words better, because I haven't spoken to enough of them to get a good grasp of there terms.

If you don't have a good grasp of financing, the end goal, you can't work toward that goal.Before you start I suggest you learn RE basics, then start adding tools to the box, learning just L/Os is like a plumber going to work with one wrench.

@Jennifer T. if you have not had any formal education/training in insurance, you explained it very well and have a good grasp on the coverage's.

While we have yet to take the dive, the most important thing when weighing these finances is ensuring you have adequate reserves in place as well as having a firm grasp on the numbers you are looking to hit as you analyze properties. 

Grasp the concept as a Self Employed Real Estate Agent - your success is UP TO YOU!

Until you have a good grasp on what you are doing, I'd also caution you on the HELOC approach.

The details of your ability to pull this off can only be grasped by you and your wife.