If the first violation is in January and the second is in August, I would say enough time has passed that we could count the second violation as a fresh-start first violation.

Example - if you buy in the original auction and win at 12%, you accrue 1% per month.

The most extreme example was when I purchased a 60% ownership interest in a $450,000 property for $10,000, that had to close the next day.

First, here's an example of subsurface rights as an appurtenance (from the course):ExampleAn oil company buys the rights to the oil beneath a piece of property.

For example, i keep putting off finishing a basement as I’d rather buy more properties instead of sinking the capital into the basement, as the basement isn’t going anywhere. 

Again these numbers are just examples to help understand what cash on cash ROI is. - Aggressive strategy will buy a cheaper house, which is why it results in bigger cash on cash ROI.

Illinois, for example, does not make you register your out of state LLC if the property is a long term rental. 

Can you provide references or examples of successful projects you’ve funded?

Whether it’s a multifamily in Boston, a value-add deal in Worcester, or an investment property in Lowell, the key takeaway is the same: the listing price is not the purchase price.Here’s an example I use with clients: If I sell a 3-family for $650,000 and list it at $599,900, suddenly, it looks like it sold for $50k over asking—“Wow, it must be a great deal!”

For example:Item                 Estimate    Confidence      Low        HighDemo              $2,000      90%                  $1,800    $2,200Construction      $15,000     80%                 $12,000   $18,000Misc                   $4,000      75%                    $3,000  $5,000----------------------------------------------------------------------------TOTAL                 $21,000                           $16,800    $25,200Obvious this is a grossly oversimplified example.