Validation helps relieve the anxiety of starting a new business.

With property taxes and insurance and upkeep always on the rise it is a must to let the tenants know this is a recurring thing.

My hesitation is two-fold: 1, I fear just royally messing something up with the paperwork, but that's just regular nerves about trying something new for the first time and I'm sure doing my homework would help with that fear. 2, I am wrapping up a master's degree right now and the thought of doing more school is giving me some anxiety.

That's the main recurring requirement. 

I guess if you can speak to crowds and not have the anxiety to do it then it can be a great way for sales people to make fast cash. 

It may seem a bit excessive at first, but the money you spend with one around tax time will be well worth not dealing with the headaches.Find sources of cash that are recurring and make sense.  

Also, I was trying to get 80% LTV on this deal (because it supports it) and the local guys have been pushing down their LTVs for this market.I think that the biggest anxiety most people have is the whole liability, asset protection, and anonymity thing.

But keep in mind that flipping is a "job" and you need to convert that cash into recurring passive income.Now, how do you scale in a high priced-market?

It would be very useful to have some type of step by step checklist to follow to relieve some of the anxiety that comes with negotiating deals as an inexperienced agent.

My bank gives free checking accounts to individuals but charges hefty recurring fees for a business account.