They do know you can take them to court, they may know you can garnish their accounts or not to some level, and they may assume to infinity that you can inflict all sorts of financial pain, if you spell it out to them.

Dustin - No sure about other areas or states but if a realtor gives out their info to a non realtor to acess the MLS they could get into big trouble that can result in fines and mls access canceled.

In finance texts there is actually a theoretically optimal leverage ratio.

The unit is in fine working condition and does not need anything new, but the problem being it has not been updated since it was boughtand looks like its 1979 when you walk in there. 

A common statement amongst folks in finance, there is but one guarantee I can make and that is the market will go up and the market will go down.

Grow it, & "use" it to infinity, never, EVER, spend it.B)  "Spend" only your profit...because if you follow Key #1, your seed money will continue to regenerate new profits upon every flip.

If you go out and do old strategies with lease-options, the penalties can be $100,000.00 in fines and/or 10 years in a federal prison plus damages to those who suffered losses.

Over the course of many years, if he is audited twice, but he gets away with it 48 other times, then financially that is a huge success because what he saved is dramatically higher than what he had to pay out in fines. 

I just recently graduated with my MBA in Finance and thought I would go to bigger pockets to seek some advice.

My background is in finance and investment management, so I was looking for something analytical as my partner and I look to begin our first flip in the first quarter of 2018 (still sorting private and hard money, but we have a 28 year veteran flipping project manager who we can learn from, and an LLC).I actually got excited when I saw all the “bonus” material that came with the books!