There's never a substitute for learning first hand, through experience.  

All of the lists and software you can put together will not be a substitute for doing. 

There's also one  in Falls Church at a KW office hosted by Washington Capital Partners.You can (and should) listen to the multitude of podcasts here on BP and read read read posts and blogs to get a good sense of where to go and what to do, but there's no substitute for going out and meeting lenders, Realtors and investors who will freely give you advice or may even JV with you to make a deal work.  

It takes more legwork but better data than an aggregation website that claims to have all court house submissions like Lis Pendis and Substitute TrusteeYou can buy this type of data from list providers like Reiletters.com for the rest of the nation.

An LLC is not a substitute for insurance.

@Ishmael Lopez these types of loan programs are drying up like crazy right now because a lot of folks here on BP think that hard money is a substitute for no money.

There are going to be very few substitutes in the city for the type of product we are developing.Do you think I could/should negotiate a 5% commission if there is a buyer's broker and a flat 4% if there isn't?

Your own link shows that the $100 fee is in substitute for the emissions test.

There really is no substitute for the MLS in valuating a property, but here in DFW you might want to take a look at investway.com (no affiliation).

Here is the list given to me:Specification for mortgage and note: Maintain insurance and provide proof of insurance showing mortgagee as additional insured prior to closing.Late fee of $50 of any payment received after the 10th of the month.Payments due on the first of each month.Any unpaid interest will be added to the principal amount and bear interest at the same rate.Borrower to pay any attorney’s fees or costs of collectionBorrower to provide mortgagee title insurance guaranteeing a valid first mortgageBorrower to pay all closing costs including preparation of note and mortgageBorrower to pay attorney fees and title fees for closing12% Interest only for 3 years paid monthly then balloon payment$1,000 pre-payment penalty if paid off in part or in full within the first 12 months$500 pre-payment penalty if paid off in part or in full within the second 12 monthsPersonal guarantee from the individual involvedInterim interest for the month of closingNo origination feeNo pointsNo appraisal feeNo credit reportNo substitution of collateral without my consent.Interest due through the end of month of pay offMortgagor will have the option to extend the note on a month to month basis subject to consent of mortgageeCollect interim interest for the month of closingFirst payment due June 1, 2018This will be a purchase money mortgage so you will need to close the sale for the buyer and sellerCouple of questions for the experts. #4 does this mean I will owe the total interest of the 3 year loan even if I plan to refinance it at the 6 month mark?