You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

This allows you to test all the systems and the people involved.  

Until you have $1 million or more in equity and really understand how to use an LLC, I recommend you just buy an umbrella insurance policy for $1 million.

Depending on where the property is and the lender involved, and what he has told the lender, and so on and so on, you handle things accordingly.

While both involve finding and properly securing a site and bringing it to full entitlement, the ground-up process includes the land piece but gets way more involved and complex to execute.The full "Monty" for ground-up development needs to include financial literacy, an explanation of metrics, and how they work.

That is subjective though - I just advise my exchange clients to understand that number and understand their exposure.

I understand your response now thank you 

I just want to be involved and learn more so I could achieve more eventually.

Quote from @Max Martynenko: Thanks for your understanding and sense of humor!