I do not operate my business out of any form of fear and will do what ever I believe is necessary to win. 99.9% of the time when dealing with individuals of this calibre it is not necessary to be concerned with the letter of the law.

That's why people advise you to get 20k and a job.People with a flip track record, who have been thru several projects and are well calibrated can start chaining several deals per year and that's when they start to talk about putting less money down.

One way to do this is by calibrating our analysis (section 3 of the podcast) with market participant feedback.

This would not be very useful if I was not already a little familiar with the area, but it does help me to calibrate my expectations of the area a little before I drive out to view the property.

It helps everybody calibrate their advice to the next person. 

I've reviewed and re-calibrated mine and my girlfriends finances to get a better idea of how much more I can save (about half my monthly income) by being more cognizant of unneeded spending and decided to work more overtime to spend on the things we want to do or to super charge my/our investment savings.Here's where I'm having a harder time and what I'll be trying to overcome next.1. 

The section 8 calibre of tenant is only suited to trailer parks as opposed to MHCs.Welfare recipients do not meet my screening requirements.

Then, when you know how the industry functions and you have your BS Meter calibrated, then look  at strategies, but learn to be flexible, real estate is about solving problems, economic, social and legal problems.

As does every rental and every sale. 10% is just not calibrated or allocated.Second, pay yourself a salary.

@Brent Seehusen I know you are not anti Cali Brent.