Learn everything from the nitty-gritty of creating a comprehensive budget and selecting the right contractors to the art of effectively managing renovations.

I think its a bit of both art and science, as well as availability. 

It's pointless→ I want to evaluate how the property is performing NOW→ Where it COULD BE performing→ And WHAT it will take to get there.This involves (at a minimum) checking comps, creating a 5 year proforma, verifying taxes & insurance, and making assumptions about the business plan.You can't determine if a deal is a pass/go simply from NOI / Cap Rate.The art of underwriting involves finding value where others miss.If you're passing on deals just from dividing the in-place NOI by a cap rate, send those over here!

Finding off-market deals is part art and part science, but basically be prepared to knock on doors, advertise, or call a lot of people. 

There is no question that the reins have been taken off the mods when it comes to self PromotionJust look at the Sub to guys virtually every post now is a picture of a spread sheet of one of their deals and of course you to could have a deal like that if you pay them 15k to teach you :)  Not saying the training is not worth 15k very well could be.. but that kind of posts one after another would have never flown a few years back.

Many have an option to join virtually, but if you're going to travel to an area to scout it, plan your trip around some local meetups and attend while you're there.

9) if CA an ADU and JADU can be added to virtually all homes.

Is this more or a virtual wholesaling business?

Purchase price: $389,000 Cash invested: $120,000 Sale price: $710,000 Investment Highlights:- Located in a fast and solid growing neighborhood close to restaurants, bars, art shops, art galleries and tech oriented co-working buildings. - ​Fully upgraded with energy saving high impact windows, new AC units, new electrical panels, plumbing, new kitchens, stainless steel appliances, each building has its own energy efficient washer and dryer, energy saving lightings, landscaping, new high quality porcelain floors.​- No flooding area.- ​8 street parking spaces.

I would recommend finding an attorney over Anderson or Prime (have heard mixed reviews about them) if you decide you want to get an LLC.The reason for Wyoming is that you get a registered agent and a virtual business address for anonymity and no one can track you down (e.g. tenant trying to sue you, if you're at fault in a car accident and the other party is trying to sue you).