These are all topics that will give you a leg up on flipping homes, and will translate directly to becoming profitable, faster.

If you don't know where to start, read this article I wrote recently for Biggerpockets.Best of luck!

I approached him with my interest in the topic and he shared some info and also asked if I may want to be a gap lender (or other avenue of lending) for some of his deals.I thought it all sounded good and am now preparing for my first deal with him.I am primarily concerned with my risk in this deal.

BTW I have 0 experience  I recommend you read this article on OOS investing.

And you're right, anytime I've gotten a different answer from multiple people in code enforcement on this topic. 

When I search google it doesn't pull up a whole lot, just some generic info and sometimes off-topic stuff.     

Here's an article that might help: https://www.forbes.com/sites/forbesrealestatecouncil/2018/03... 

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

see these threads.https://www.biggerpockets.com/forums/12/topics/1171104-the-m...https://www.biggerpockets.com/forums/48/topics/1159104-overl...there are definitely states / markets where 250K would buy you a solid deal. 

The concepts, techniques, investment methods, property management, finance, urban planning, and land development of real estate are the main topics of these programs.