She had a client who picked up a leasehold interest in a shopping complex on land owned by the city.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

It should be evident that so far he led me to ask questions how to be in legal compliance while following his model, rather than jump off the cliff blindfolded, believing that the "deals" are hanging all over the trees down the abyss, waiting for me to pick. 2.

Not sure if you'll pick the right property?

Do I at least seem to be picking reasonable properties?

The idea would be to pick up something in the 650k-800k with an FHA loan.

There is a lot to understand, so pick up a good book. 

Quote from @Josh Holley: Quote from @Stuart Udis: @Josh Holley It appears you have a personal bone to pick with James given his brokerage is not even holding the deposit money.

But after an exchange - sign the purchase documents with one pen and pick up another pen to sign the refi docs :)Another strategy you could consider is reinvesting into multiple properties, where you purchase the first property cash (ensures some security and concentrates the equity) and the second property with a mortgage.

One thing I’ve picked up from years of managing rentals in San Diego is that organization is everything..