And prior to that, it likely took her hours to research this specific topic, and years to get to the level where she can answer without having to read the reference book.

I wouldn't even look at hours worked because if you give two people with the same skills the same job, one might be able to get it done in an hour and the other might take a day both completing it to the same level. 

. - I recommend just focusing on 1 REI strategy and diving deep into that strategy until you've reached a level of "success".

Series LLCs are only allowed and recognized in 20 different states, meaning, its not recognized on a federal level.

Also the market and income level (5 miles around the property) is also critical.

Also, you don’t need  $360k if the loan gets called; with a principal loan balance of $240k it would be more like $250k.Whether you do a wrap, sub to, or lease option when dealing with a owner occupant / consumer there are many legal “traps” to navigate because of consumer protection laws at a state level, and CFPB and Dodd Frank at the Federal level.  

They are saying it'll report "crimes at a national level like national sex offender list" but that they can't access county or state level offenses.

The wisest thing to do is to call the Division of real estate at your State level and/or the Division of Mortgage lending.

In my experience these are the levels of how financial fraud is doneLevel 1 - The “sponsor” is a fraudster from the beginning and the entire investment is a designed fraud designed to steal the investor's money Level 2 - The sponsor initially intends to operate legally and honestly but the temptation of easy access to money, usually fueled by addictions to drugs, sex, partying, etc. leads to the bad decision to line the sponsors own pocketsLevel 3 - The sponsor intends to operate legally but a crisis in their life resulting in a need for money leads the sponsor to “borrow” from investor’s funds with the full intention of paying it back ( which they are unable to do).Level 4 - The sponsor intends to operate legally but the assets under their management incur substantial loses; the sponsor attempts to cover up these loses by “temporarily” borrowing from one investor to pay another or submitting false results.

I think people are getting more creative thinking about separate living quarters (basements, split levels, etc.).