So instead of say a line item line "tile bathroom," the quote gets broken down to purchase floor tiles $x, lay hardee backer boards $x, level floor $x, lay tiles $x, grout $x, seal tiles $x, caulking $x etcThe thing I like about detailed quotes is that if the contractor isn't performing or leaves the job and disappears for days, I'm not out of pocket for anything, and the contractor can't come after me and say that he hasn't been paid either, so it's easy for both parties to just walk away in the event of a disagreement with no hard feelings.

Now, lets say as the property was increasing in value you refied twice, each for $50k and you used this cash as down payments for 2 other properties.

I’m looking at the Sec 8 payment standard and they say a 2 bedroom will pay 905.

@Andrew Dincola actually I meant to say a door to the outside but it sounds like it is all below grade. 

If you are say a nationwide lender who may do just one or two loan in AZ, no license would be required.Of course, truth in advertising laws, deceptive trade practice regulations, etc. all apply in all advertising.

No where in there does it say a purchase price.I do not use conventional financing because I have the properties in an LLC.

Is it right for me to assume that the skills to syndicate and operate a business plan for the asset is the same as it would be for say, a SFH?

I also would say a good rule of thumb for starting is investing in an area you know well.

The key is getting a self-directed account, unless say a brokerage account where you can only buy stocks and bonds.So, the se401k or Roth se401k could be moot.Yes, using a tax advantage account to invest in real estate to commonly done to my knowledge.  

As they say, a dollar earned today is more important than a dollar earned tomorrow.