I have liquidity from the previous business to invest and hopefully kick start this endeavor.Biggest challenge - I don't know this industry, I am coming from a completely opposite industry in the technology field.What I have, I think, in my favor, are colleagues from the RE industry with experience in both traditional RE sales (agent/buy/sell) but also experience in the REI side (one owning about 70+ properties and the other owning about 25 properties, both using their properties for passive cashflow)With an engineering/analytical background, my greatest fear right now is the unknown and I am trying to shore up that experience through reading and listening to others, but as I have already discovered, its like taking a drink from the fire hose - way more knowledge than I can consume in a short period of time.Questions I would pose to anyone interesting in providing some feedback -- Best way to look for that first opportunity?  

This does require a little bit of technology knowledge but if you want you can also have Comcast do it for you.

These are bought and sold all the time and I would say that a person's time and expertise are worth more than any physical thing.Not trying to be difficult, I just don't see how buying low and selling high is necessarily wrong at a certain % margin for real estate but nothing else.

However, I am having some difficulties because I am under a G4 visa and do not pay taxes, my company is pretty new.

Sure, there are unsophisticated investors who will bite at such comp structures, but I can do deals all day long w/o those fees, and have seen a direct correlation between lead greediness and their difficulty in fully subscribing their private placements.

Personally I had a really good experience with Real Estate Express, after having a great deal of difficulties (technology, and thought the material was poorly written) with another online school.  

Yes- in some cases various owners had difficulty reaching consensus.  

My current thinking is that if I am able to beat the 50% rule and given if the property is not a junker and doesn't seem like there will be significant difficulties getting it rent ready, it seems like I could cash flow even while "ignoring" the 1% rule.

When it comes to purchasing discounted mortgages as a business model, what headaches or difficulties or nitty-gritty annoyances have you discovered in the note business??

My name is Tou and my background is in Supply Chain and Informational Technology Management.