My last deal was an exact wrap at 3.5% granted I had to put $80k down to pull it off, but it’s a great way to keep the train on the tracks.  

It is easier to train assistants and staff if you are only doing STR or LTR.

Once I get a few deals under my belt and money is more abundant, I'll also purchase Seth's training.

Hello Evelyn, I do know students of Lee Arnold who were happy with his training.

Emphasize Walkability and Transit AccessProperties near CTA train lines or buses rent faster.

By working for a larger corporation you are gaining an unfair advantage, by letting them train and develop you (while you are getting paid) and you do real estate on the side.This idea is not from me, read RichDad. 

I like this train of thought and think you should aim for option 3: conventional loan + lower downpayment (perhaps even lower than 10%).

if he doesn't train you, you don't make money and he makes less. 

.- The TL states that those are technically the team's leads and I will owe the 20% if they convert within the year since I was given training (which I was not), lender referal (which was forced on me by the TL even though I work with my own lenders for my clients).Is the above statement true/legal/valid?

Written policies are necessary when you add employees to aid with training or enforcement of standards.I would focus on adding doors to your management company.