But, as I always say, "how hard can in be? 

....uh...because I run a business with investors, and my ultimate goal is to make as much profit as I can in the shortest period of time, while maintaining control of the asset....EVERYTHING else is just how I go about achieving my objective.

@David Krulac One can in many cases roll IRA funds into a 401k.

Find out as much as you can in advance about the current tenant and the reason behind their not paying rent.

Maybe she just wants to feel more secure having a fat bank acct, but for me, I'd rather have it invested in RE and getting a much higher yield than what a bank will pay in a savings acct.

"In the school, we have brokers come in and recruit us (because we can fog a mirror"They don't allow that in Georgia.The instructor is their to train the people to pass the test and NOT to plug their brokerage.In Georgia we can buy lists from the real estate commission FOR A FEE of course for newly licensed agents etc.What some brokers do is give FREE CE courses to win agents over to their company after licensing.Most 100% companies do not let an agent get 100% out of the get being newly licensed.The first 2 to 3 deals they take a big cut for the training they have to do with you.The brokers want you to join as a new agent because they run what I call "puppy mills".They know about 90% of new agents will fail after the first year but will squeeze out 1,2 maybe even 3 deals before puttering out.The brokers want those deals to be at 50% or 40% to the broker.They make fat bank before you leave the biz.Just keep churning new agents every month and watch the other ones die off.

I have looked at a few homes where seller financing was an option- so far, they are either homes that are too expensive (recently renovated by an investor who is now looking to get market- and many times a fat premium because they are owner financing), or homes that are garbage.I found one that has potential as a rental, but it is pretty small and needs a lot more work and thus would probably end up costing nearly as much (and taking longer to move into) as the more expensive one.I plan on continuing to look- there are lots of opportunities, and I know that your talking about when you say that some one "falls in love with" a home.

This strategy like so many others marketed by a "guru" is most likely as indicated a unique use of methods we already know.In every case the marketing organization uses what some sales courses call "A Big Fat Claim" The idea is to peak your curiosity and not satisfy it until you pay up.Over the years I have paid to see the idea and most times have been somewhat disappointed but have also learned something.

You can probably do as well in your market where you know it inside out as you can in a market you know nothing about.

He said having a license can in some cases open me up to litigation not having one does not since I am a so called "expert" altho peeps with out licenses know more, go figure!