@Rick Santasiere and @Jonathan Makovsky, I'm trying to reconcile the language to make sure what I want to do is OK (short of talking to an attorney, which comes next).First, the statue Jon quotes includes the phrase "and for a fee, commission or other valuable consideration" as a prerequisite to the list of things a broker does (including collecting rent).

If you're accustomed to the Encinitas vibe, you're probably going to want to be in Williamson County or the one of the more trendy areas of Nashville.  

This will also tell you how much to buy/rehab properties for within those markets you find.2 - You must put together a REI plan...and using the phrase (or any variation of it), "my plan is to flip 3 properties, and buy one rental every year for...".  

Out here in the flatlands, folks have a lot of brown/natural wood/beige furniture & linens, so gray is a little too trendy for some properties.

Just like I tell other people in my industry(mechanic integrity inspection/NDE) that get discouraged because of the amount of information...I've coined this phrase btw.  

Try to forecast what would happen in a bad deal and see how it plays out.A phrase I like to live by: "Keep your eyes in the sky, but keep your feet on the ground".

It could be certain phrases, techniques or even methods that you have personally used; I am just looked to broaden my knowledge of how to turn nothing into a signed contract.Any other Tips or Tricks are welcomed as well!

Imho...Mark Twain phrased it well (quoting Benjamin Disraeli): "There are three kinds of lies: lies, damned lies, and statistics"!

Jersey City has become very trendy & hip (hipsters running amok) and perhaps steered many into their coffers.  

Odds are there's (to use a bad phrase) some interest-rate-arbitrage to be had.So maybe a logical next question: Why $2.5M for two car washes?