A scholarship because of good grades is huge, as school debt can really be a drag on your economic future depending on your profession.

I'm a financial planner by profession so I want to fully understand the process.  

Wholesaling is NOT investing.Wholesaling is a business.Wholesaling requires you to continuelly get new leads, sell contracts to buyers, repeat.Once you stop getting leads or finding buyers, there is no more money coming in.Sure, you can get food and automate certain things but it is a business.In my opinion, you should look at what you do in your profession and see if you can moonlight some hours to make more money that will go towards the downpayment.Best of luck

Professions that are booked out a long time typically are guarded.

She should have let us know earlier (it was over 2 months without getting a reply from her).Like many professions there are good appraisers and poor appraisers, but my experience is even the good appraisers appraise refinance homes conservatively (but find decent comps to justify their appraisal).Good luck

I'm new to the real estate profession and looking to observe, learn, and get to work.

Yes, I've closed on 4, rehabbed them, and they are all rented with tenants in place :)OK, and for these deals, I assume you use your own funds to acquire and rehab.With private money, you're now substituting some individual's funds for your own.However, unlike when it was just your money, you'll need to proceed with extreme caution to make certain your lenders are well protected if/when things don't go as planned.Private lending is its own whole profession.

Its really important for people entering into any home improvement contract to understand the state laws for so many reasons, business and professions codes/laws, warranties whether expressed or implied etcThe point being is well executed legal contracts are best for all parties involved.

These are individuals who are already conditioned to take on greater risk with the hope of a higher reward outcomes and will be attracted to the potential of syndicating real estate deals.Despite the greater risks associated with their current professions, I am sure most if not all are involved in businesses with  greater than a 2-3% success rate.

With no entry barriers, it probably has greater mix of bad apple than some other, tightly regulated professions.