I read this book, and within 3 weeks of finishing it had my next deal under contract because it helped me make my strategy decision and feel good about finally acting on itHappy to help if you have any more specific questions.

Now I've got a property under contract:$78K purchase$35K in development of utilities.$24K in soft costs (permits impact fees etc)$200K (or less) buildout of the house (size tbd on after-build-appraisal) Likely going with 2/2 A frame 1000 sf.

So you want to check that out.I also ask how familiar are you with Spanish, and reading Spanish contracts, and knowing landlord/tenant laws in Spain? 

Seems like you're just a marketer working on a contract basis (not that I'm defending the program or even saying it's legitimate).

When I made some changes to the property and put it back on the market about 15 months later for double what I paid, it was under contract in 48 hours.

They will not cover you at all for anything, it'll be in the fine print of your contract that they don't cover rentals. 

What if the person staying at your place signed a contract but their 1st payment check bounced.

Also when you are under contract and get condo docs, make sure to read the meeting minutes (for the past year if available) they will indicate if there are any talks of an upcoming special assessment (which you don't want).

using a TREC 1-4 contract so hard to scam there.  

I was not involved in contracts, funds, etc.