Lol the notion that there is an abundance of Brokerages out there that would discourage an agent from bringing in listings is the biggest load of bull I've ever seen on this site.

Looks to me like we might have folks who have preconceived notions about something someone will post and they are caught in biased thinking before they ever read a post, or, they read into it where their bias takes them, instead of actually reading what is said.If you only come to do battle in the forums, you're not going to get much out of them.

No sure why the disparaging comments to other careers, I'm sure it's not a stretch to label being a police officer as nothing magical either if you consider the job as riding around in a car all day.I'm personally of the notion that no job or career is very difficult, the distinction of ones accomplishments as any business owner, is based upon individuals and their accomplishments, their ranking in the market position etc..Just to distinguish a business owner from an employee puts the most lack luster business owner head and shoulders above the average employee just in terms of the business owner at least has something at risk everyday, is responsible for creating jobs and supporting employees and their families. 

Eddy, has just completed his first risk assessment and is even armed with a notion of what type of Hurdle Rate he thinks he should have/deserve.

Having 20 unique trusts supports that 1 egg, 1 basket notion which, in the event a lawyer finds that XYZ Trust owns the property, he will see you only have $10k in equity (vs $400k, $1 Mil, etc that you may have in your portfolio) and decide it is not enough to go to court over (and in the event that you do go to court, you have limited your losses to 1 property).

HmmmYou are skeptical about IC.You ask me to show you why I think IC is my best choice.I answer.You tell me I am self promotingI respond to your notion that I don't think I am self promotingYou keep asking for data to proof why I think IC is a good tool.I deliver said proof.You have nothing to counter withThus: "this conversation is not valid"Okie dokie. 

In short, I think there is a common notion that everyone needs to set up an LLC and a lawyer needs to do that for them and once that's done they have successfully mitigated risk.

Hopefully your radical notion of leverage carrying risk doesn't provoke such backlash as it did for Dave and I.

Both of these notions are far from the truth especially for a beginning investor.Wholesaling is very much a business and you need to know the business well.

What I am challenging is the notion that you can do this infinite times with no consideration of DTI.