Seems like instead of the second refinance at a year, that could be substituted for simply selling the property outright for profit as soon as the project is done, correct? 

They are not a substitute for good due diligence.Good Luck!

I like The Millionaire Real Estate Investor, Gary Keller; and I read The Compound Effect by Darren Hardy (which is actually self-improvement so sorry but I still found it relevant/useful to investing) And earlier this year I read Rich Dad's Cashflow Quadrant.I think I'll also be substituting REI blog posts for books most of the time, because I feel like I get more honest, straightforward, actionable content. 

Unfortunately I've found there is no substitute for good old fashioned due diligence.Good Luck!

There is no substitute to forging face to face personal relationships.  

If thefixture filing is contained in a trust deed or mortgage, the secured party has the option ofproceeding under the UCC to enforce the lien or by foreclosure proceedings under thetrust deed/mortgage to enforce the lien on both the real and the personal property.UCC 9402 provides:• a Financing Statement form to be used as a fixture filing;• the formal requisites of a Financial Statement; and• amendments and contents of a mortgage to be used as a Financing Statement.A copy of a security agreement signed by the debtor is sufficient as a FinancingStatement if it contains all the information required by Section 9402.CautionThis discussion of the Uniform Commercial Code should not serve as a substitute for:• statutory analysis when dealing with specific problems;• consultation with legal counsel on legal matters; or• proper financial advice on banking or financing problems.

That threshold applies in a corporate / W-2 environment.The plan can be amended to reflect a substitute employer.

Enthusiasm is not a substitute for knowledge when you are the one putting in the cash. 

You have to be unique, so others can’t reproduce what you’ve created.Non-substitutable is similar to rarity, but it also means that what your posting is relatively impossible to be replaced by something new.

Membership agreements are substituted for leases.