You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

So focus on lead generation.Once you have that covered, then yes you do need to have a bit of insight on the workings of the transaction.But all this should be easy to figure out the moment you keep commonsense in play.Start with getting in touch with a wholesaler-friendly attorney for your closings (if you are in an attorney state), and build a relationship with him (that is also what I did)..He should guide you along the way as you go.

I have flipped new homes and townhomes but phased out raising a family and now am focused on utilizing my skills which are building, selling, expanding a circle of influence to focus my effort on the above.

Not calculating your basis properly between building and land, which impacts depreciation. 2.

But I was lucky to get into the cabin building and I'm doing the same with the cabins that I did building my rental portfolio.

Regardless of how a certain asset class is doing, an investor like yourself can ALWAYS find a good deal in any type of property.Now, my general suggestion for all of my CFO clients is the gradually move up the unit spectrum/asset type as you build up your portfolio.

I just had to pay 11k for a new Hvac system on one of my buildings.

He also says that he's using an executory contract (or land contract in Texas) to get around them and has never lost a house. 

I contacted the city to get all permits and the only one was one that my contractor got that I paid for.

Im old school...my cpa is in the building next door and I like doing business face to face.