Give me a brake.

It has to be in writing, be specific addresses and most QIs will require that it be in their hands by midnight on day 45.Until and through day 45 the list is fluid and can change at your whim.

She's hesitant because we're still learning the ropes regarding everything in the BP Beginners Guide.I'm hoping that some of you would be kind enough to review this and let me know if you think I'm on the right track or if I'm way off and if... my wife is right and we should pump the brakes for a few more months until we're more familiar with everything.Here we go...Two duplexes asking price (AP) - $120,000 (so let's say for the remainder of this post we use the AP, but we'd probably make a lower offer, which would generally make the numbers better. 

Since many private lenders are not really “in the business” of lending, their terms, rates, and qualifications tend to be much more fluid and flexible than banks or hard money lenders.

Map of the town on the fridge, with a personal list of the "Good" and the "Bad".Cable tv channel guide.Little sample bottles of cologne in the bathroom.Charcoal and lighter fluid if there is a charcoal grill.Propane for a gas grill.A rick of firewood for the fire ring outside.Tony Chachere's Louisianna Seasoning (I rent to a lot of Cajuns and Texans).Pictures, paintings, calendars or other forms of artwork with naked women.  99% of my renters are refinery contractors. 

If the lender puts the brakes on us, oh well at least we already have an umbrella policy.

Kinda like going into business of car repair, without understanding the basics of cars you're sunk, specialize in brakes and that's all you can do is just brakes.

the best investors are fluid and go with the terrain, no matter how rough it is.

I was told all this is fluid and can change by August, I am going to continue talking to lenders to see their criteria.

A "Good" job here is a guy who who went to Engineering School, and refined brakes or hydraulics systems in your car, RV, truck etc.