He is kind of a Guru when it comes to the SD IRA and has even written an E-Book about it.

E there is an item called a proof of funds letter that you can get from your bank.

Costs: class/course fees, test, fingerprinting, license, E & O insurance, association dues, MLS fees, office/desk fees, office splits on all deals, advertising, mailingsIt's my first year, and I have to admit that I've spent WAY more than I had estimated...

e) Landscaping / snow removal - $900 - 1KYour operating expenses will be close to 60%, leaving little room for debt service (might not even have the required debt coverage for a lender) and no room for any sort of profit.Unless you are planning to live in one side and use the other as a mortgage helper, I would offer somewhere around 125-130K and start walking away.

If they are late, usually the mention of a call, or e-mail, to the guarantor gets everything flowing ... rarely do we have to ever place that call.

Make sure you check out all that BP has to offer in the way of e-books, podcasts etc.

If you buy puts on a stock or ETF as a r/e hedge you are making the assumption that equities (more specifically the stock you own puts on) move in the same direction as the real estate market the home is in; This may or may not be the case.

For example, would the median house price be a good range if I am considering the rentability (e/g. a down market or a financial crash of some sort)?

If you open the google doc that is there they want your name, e-mail address and cell phone and complete address of your residence.These are the classic symptoms of a phishing attack and open you up to identity theft.

To get past that, I highly recommend "The E-Myth Revisited".