There are far most costs associated with running a real estate office than people grasp.

@Connor Nelson Welcome, sounds like you have a good grasp on investment, time=money, can't wait to see where you go from here!

This has allowed me both to gain a grasp of how foreclosed homes are kept and common issues as well as providing me with great working relationships with the local banks. 

That's what those in the haters camp can't seem to grasp for whatever reason. 

Although the stakes may be high in real estate transactions, there are some borrowers who still fail to grasp the relationship between the cost of loans and the speed of funding.

I know the basics but one thing I can’t seem to grasp is how to pay investors back their money if you refinance and use the equity to buy more real estate.

So I can really grasp the full scope of work and how to manage it very quickly. 

If the current owner doesn’t understand that or isn’t aware your plans, you might consider waiting until you close to avoid both confusion and potentially messing up a good deal you have if the current owner or your potential buyer can’t grasp it.

I think I have accumulated a fairly decent grasp on the basic concepts, but the more I learn, the more questions I have and the more holes I see in my knowledge set, which admittedly translates to a healthy dose of skepticism.

I guess what I’m saying is not to grasp at the first thing you find, but rather make sure it’s a deal that would work for everyone - the seller, the buyer, and you.