To summarize I would 1) network to obtain contacts 2) skimp and save for down payment for FHA loan 3) house hack a duplex to quad locally that had some opportunity for forced equity gain 4) use the duplex to quad to learn about dealing with tenants, maintenance/repairs, rehabbing (forced appreciation), various laws, etc.  5) If after experiencing buy n hold if I still think it is the path for me I would repeat.

I gave my elevator pitch then summarized what I was doing (effectively) as building investment equity and free cash flow without incurring any current tax liability.

There is a "Grand Total" line at the end of each property and at the end of each tab which summarizes each property and each tab and then feeds into the master page through formulas. 

@Steve Babiak summarized one of the issues well in his post from about two years ago. https://www.biggerpockets.com/forums/93/topics/141...

This is a long story - I will try to summarize.  

And just so others know what we are talking about here, the Fannie/Freddie note states (I'll summarize a little here):"if any part of the property is sold or transferred the lender may require immediate payment.  

Lets explore what you know about court cases that you found to be interesting or learned, and summarizes the case to put all of us ahead of the game- collectively. 

I would definitely follow your cold call up with a handwritten note thanking them for their time, summarizing what you guys spoke about, and reiterating what you do that might be able to help them.Also, don't go to deep into the cold call.

@Brendon Botelho, your financial activity including your real estate activity is all summarized and reported when you file your taxes.  

For instance, a storm cause roof damage right before your closingTo summarize:-No, you have no recourse but to cancel the contract.