And I say this specifically because I believe that's an extremely poor landlord practice, don't want you to do it when you become a landlord, and is not consistent with the market.

I live in Medford, Massachusetts and I've been reading, practicing, and studying Real Estate for about 8 years now.

No class is necessary because I'm licensed to practice law.Question 2: Is there anything else I should be thinking about?

By 1031 exchanging those condos that each practically doubled in value, Now have $160,000 cash flow and in 4 of the apartment complexes we have dramatically forced appreciation too that we will either refinance and take all that appreciation in year 4 or 5 of ownership or at that same time 1031 exchange for a larger property at that time.  

So here, you are talking about $400.Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

Split premiums are rarely done in practice but in theory its nice to talk about them as it makes the borrower feel like they have choice but I've never had any borrower pick the split premium option when given all of the choices in the last 7 years I've been in the lending biz.

Owner-occupants, however, won't likely be able to qualify for two simultaneous mortgages while waiting for the lease to expire.  

Budgeted $40k with my contractor but $50k in my financial analysis, so yeah, we should be able to cover this one...everything you read says you will make mistakes, no matter how much practice and prep and mentorship.

Anything meaningful that is going to eat you alive in capital costs into the future and take away practically all cash flow the turnkey seller on low end properties hardly ever touches.

I have watched many cold calling videos on YouTube and I even practiced the scripts but I feel so unprepared.