For example, I had never heard of a 203k loan before, but now understand that it is an extremely effective instrument.

From tax point of view you may consider: 1) seller financing - you will spread income and taxes over years 2) 1031 exchange - selling rentals and buying Realestate investment instruments

Cris' program is very technical and a classic in the industry, apparently it was fairly instrumental early in Joe & Alex's careers  (from real estate investing mastery).

Skip the wholesaling phase if you can, the market is saturated enough with wholesalers.The support I've received from my friends here at BP has been instrumental in this journey for me and going forward I hope to increase my contributions and add to the community.What's next for Jordan: "The world chico, and everything in it."

You would have to find the borrower, explain the situation and arrange for payment in exchange for a signed authorization.The other thing that worked was having the escrow officer use the lender/servicer's automated phone system.  

The podcasts have been instrumental in encouraging me to learn and take action.

what are some of the best systems to put in place to automate your business?

I am not familiar with the market in Post Falls these days... but I have no doubt that there are some great Spokane and CDA BP members that would be instrumental for you to meet.

You can obtain a copy of any recorded security instrument from the county for a relatively small fee.

Downpayment Funding Sources SavingsHome Equity Lines401K Loans2nd MortgagesRoth IRA self-directed optionsDeal StructuresThe deal structure will be to 1.Acquire the property2.Rehab the property as necessary3.Rent out the property4.Try to keep tenants for as long as possible5.Maintain the property6.Rehab the property during turnover7.Keep repeating until a sale or more rentersExit Strategies 1.Buy and Hold and use home equity lines of credit to fund future deals2.Buy and Hold until the rent is 0.5% of sales price3.Buy and Hold and sell to invest in a down stock market.Team and SystemsTeam RealtorContractorHandymanReal Estate LawyerAccountantMentorThink TankMortgage BrokerTitle RepInsurance AgentProperty ManagerSystems Automated PaymentsAutomated Maintenance Request SystemExample Deals 1.Identify a property, say 100K that can rent for 1200 a month. 2.Rehab the property for 10K within a month 3.Look for renters. 4.Place renter in the home with a year contract. 5.Renew the lease.