I know I am in the top 10% when it comes to intelligence and work ethic, yet I acted as if I were an average Joe.

Going to early you may end up doing an artificially high amount of costly evictions. 

Hey Michael, I'm curious why you have subtracted out principal in your last calc, artificially increasing ROI?

Members participate in professionally facilitated, 10-12 person monthly meetings to harness the varied expertise and collective intelligence of their peers.[1]TIGER 21 members come from a variety of professional and personal backgrounds.

The funny things was one of my drug houses came from a tenant with stellar 750+ fico credit that was enrolled in college and seemed like a fairly intelligent guy.

I'm ready to admit this may be a less than intelligent question but could someone tell me is it better to get a legal entity set up before your first deal?

Try to sell it elsewhere, most people here are intelligent enough to recognize that giving their hard earned money to the insurance company to invest on their behalf is not in their best interest.

Im always up for an intelligent conversation.

I've been reading blog posts and beginner guides around biggerpockets.com and I'm sure I will continue to do so, It looks like there's a great community here with a lot of intelligent, driven people!

I'm, however, just getting to know the hard money market out here so I can't speak all that intelligently about Pine or any other lenders yet.