However, it seems extremely high risk as, to my knowledge, it is unsecured and only backed by a 'promise' to repay not any hard assets or relevant collateral.    

It has a free version and in the event you'd like to upgrade once you obtain more properties, the monthly cost is extremely reasonable. 

Of course, always check recent reviews.. they tell you more than a flashy website.Size Matters: I’d avoid both extremes... massive firms managing thousands of units and one-person operations juggling too much.

Talk to lender to find out how to transfer assets without triggering due on sale clause.Did I get all that right?

For instance, someone making $500k a year and living in a very highly appreciating market might be extremely happy on a deal that loses $200 a month but is getting 5% appreciation on a 2 million dollar property in San Diego, butut that doesn't make sense for the investor with 30k and a lower paying job.When it comes to the book series I agree with you that the order doesn't make sense (having read both).

Investors should therefore exercise significant care when choosing their Qualified Intermediary because of the critical role the company will play in the administration of their 1031 Exchange transaction.It is extremely important to note that 1031 Exchange Qualified Intermediaries are generally not required to be licensed, regulated, audited or otherwise monitored by any regulatory body.

Hi guysI have a handyman who is super knowledgeable and he is very comfortable connecting the 220 wires for a mini split and also for a hot tub. im getting extremely high quotes for a certified electrician to do it. what are your thoughts?

HI Jewell,If you were to use FHA again, this could trigger the FHA 100 mile rule + 1.75% upfront fee, however with a few exemptions Indeed FHA allows you to put 3.5% down payment to invest in 1-4 units.

I don't expect a swift recovery from Trump, without some extreme pain.

If you ask anyone in this business, note servicing is the Achilles heel and it is extremely difficult starting one from scratch.