I guess my main concern was some programs give you all the contracts and what not that they use and I figured this would be beneficial.

We suggested to wait a little longer before he tries getting into another home but he wanted to try and the bank is really asking a lot of questions am what not.

I know I'm not a big timer yet sitting on a 100 unit portfolio, but within 8 months of my 1 year goal of 4 deals/units I'm already at 2 with 3 in the hopper so I have learned A TON about what to do and what not to do in the future. 

If you can't do the math, or if you don't do the math, or if you rely on a broker or someone else to do your research for you then it will be very difficult for you to see properties for sale that are goldmines.I find it to be more important to do the math so I know what not to buy.

@Angel Rosado We will have to get permits and what not with the town we live in, and then it will have to be reassessed for tax reasons when the studio is done.

Setting bottom line is critical so you know what not to pass.

My hard money guy uses an LLC.I have no idea if this is the best way to go or what not, but maybe look around and see what most of them are doing to get a better idea.

Haha Aaron ;-) I seriously learned so many what not to do's it's craaaaazaaay!

With stated income loans and what not, it was relatively easy money for a year or two.

It was a five-figure mistake but helped us focus in on what and what not to look for when choosing a professional.