There is a difference between newbies trying to do creative financing deals and actually doing them.

I mean, don't get me wrong, we have to comp the property...so if you are looking to REHAB the property and make it something different, then you need a rehab loan first and then refinance after type of thing. 

Each town has different rules regarding rent control. 

I have been looking in different markets and heard about Tuscaloosa on the BP podcast.

Before they happen prep a little cushion here and there for different areas you have your hands on.

Those are very different evaluations for what a RE Investor needs.

They require or they request.Big difference. 

Worth noting that most firms will do two types of studies (although they may be named differently) - detailed engineering and modeling.

That being said, if it provides me a significant advantage or a starting point, I think it would be foolish not to utilize it.Therefore, given these two different perspectives/starting points, I'd love to hear any potential advice on which strategies/niches to focus on first, and for which starting point.

How long it takes to be financially ready is different for everyone.