@Jessica ZolotorofeHello From the Future ;)Ive spoken to a couple title companies, and transactional lenders and I have not heard about double closings/backtoback closings being illegal.

Do not think you can just start an investment company with 15k (that is reserves only on one property).Work for the next couple of years while you all learn and use your skills to help build the foundation of a future company and leverage your relationship with the alumni to see some of his properties and learn.

A couple options I see right of the bat is:1.

But, i do have a couple of LLC's, mainly for transferring property to children or spouse when I drop dead. 

Company first, flip a couple homes first, etc.

My tenants had also been in the property for a couple of years and were under-market on rent (not $1200 but still under).

I have never taken his course, so can't speak to that, but on the surface of a couple Google searches, of the two he seems to actually be involved in real estate a lot more.  

I'm sure it would be like giving an Uzi to a 10 year old with someone like a couple in this thread trying to duplicate and 2.

this will just set you back.i don't know what time you have available to dedicate to RE - if you are able, you could try to build a team and explore a market within a couple hours of you with a lower price point. 

You will get kids jumping on beds and heavy couples using these.