Learn what you can that will enable you to make your first deal so that you will have the money to utilize the structural formations.

My point was that even guitar teaching full time at a $100/hr is not extreme wealth so the teacher can't sell himself as example of being a full time musician making big money in the music biz when he is seeking students because he is 1) not making real money (comparatively) and 2) not performing but rather teaching full time.

She gets $75/unit which I think is quite high, but she has really enabled me to be completely hands off.

The lender will have some overlap requirements, but it is enabling me to refi my house where as I couldn't quite make it happen a month ago.

By creating a refi on that house it enabled them to re-create the proper paper work.

This spreadsheet uses a macro-enabled iteration that changes the adjustment amounts incrementally to minimize the standard deviation among the adjusted comp prices.

I would venture to say by far 4 family dwelling will require the most management and will most likely yield you the most return.My first purchase was a 4 family and that property gave me a great start, enabled my to save quickly, learn how to manage a property, learn how to deal with tenants and give me an overall idea of how this business worked.If you can find a great deal on a 4 family I would say go for it.

3) If we end up doing the REFI and hold, what are the risks of having my father come in as a credit partner to enable to the REFI?

I see many people who would like to remain in the area and a price point of around 40k would enable a young family or a retired couple to maintain a very manageable home in a highly affordable city.

i do both...flipping has enabled me to make way more than i should be at my age...i used that money to purchase rentals and apartment buildings..ironically, i've sold many rentals in the last year, hoping to use that equity to flip and build new in this market...i still hold a few rentals, and will look to pick up more here and there as the opportunities present themselves