Without belaboring that story it basically said if you want to a new car purchase a house and lease your car from the proceeds of the monthly rental get a tax deduction from the lease .. yadda yadda, yadda.  

If you go back into your paperwork from when you bought the house last October, read through your note, the instrument that says you will pay back the loan, yadda, yadda....part of every note states that you agree to owner occupy the house for a period of no less than 12 months. 

In a year where the PM is still good but there was some property or tenant drama, I might spend a grand total of 20 minutes a year talking to my PM about whatever it is.In a year where my PM goes completely horrible and property drama ensues because of it and yadda yadda, I might spend a grand total of 2 hours a year over the phone dealing with it (and an hour of that is just because I'm chatty and I got into fun conversation with my new PM and rambled for an hour).If two hours a year knocks something out of being classified as a passive or hands-off investment, then, well....your call.

You pay the $400, they train you how to wholesale or partner with a rehabber, yadda, and also give you access to their list of investors which they claim is 8,000+.

Realtor had it listed for 44k, cash flow should be about 600/month or so if i rent/owner finance/land contract yadda yadda.

They are also restricted to not have pre-pays and ARM products and yadda yadda so many rules.

Therefore, it is our recommendation to proceed with ... yadda yadda yadda...larger equity positions to protect from a down-turn"  -meAlso I would like to know what makes the market 'high risk' in the report since it appears that inventory levels are still at an all time low, that demand is still present and there is not a large expected increase in home building.

Yadda Yadda Yadda . . .

From the start our goal was to flip to other investors using the typical formulas yadda yadda.

Sorry friend, those are the rules - I'd love to help you, but I can't.....yadda, yadda, yadda.