I realize there's no way to capture everything, and learning is a continual process, but it feels helpful to me to have a working "cheat sheet" of information to study and reinforce important concepts.

Folks just have to realize NO money up front and especially.I wish BP would be able to tag the American Greed episode on REmington financial and tag Ingrid Robinsons website .. these were classic cases of fake lenders.. with Ingrid being the victim and taking down Remington who had been doing this for over 20 years.. those guys had some cajones they took Due Diligence and deposit money for all those years but never over 10k so anyone complaining it would not go anywhere.. it was said on the show that in all those years they closed no more than 3 or 5 loans.. both the principals got major prison time.the issue today is most of these folks are hiding on the internet or are off shore very tough to catch and your not getting any funding or money back thats a given.

Hi Andrew don't expect a perfection first step is to study carefully everything. 

I'd study the John Martinez stuff out there. 

You can actually start studying before you are 18 so that you are ready to take and pass the test soon after you have your birthday.My guess is that at 18 it will not be easy, but don't let that stop you. 

Use Furnished Finder to study comps, and talk to some local property managers to see if they can help you get an idea.Once you have the gross income potential number, take that and back out all of your expenses.

Study the market.

I'm a 2x house hacker here in Los Angeles (and a case study in the BP House Hacking Strategy book).

To evaluate investment prospects, including positive cash flow, potential for appreciation, and value-added upgrades, do a full property study.5.

Read every line of every HOA document.7) There are many offerings in my area on FF, but when I study their calendars, I see that most either have a small handful of random night stays (STR) or they’re empty.