It might be difficult to track the family down as the man was divorced and I'm not sure which family member is currently in control of the property, although I'm sure all that information is available online somewhere.  

Much to my dismay, as soon as I was a paid member, I never did get to speak with my sales rep again to get my questions answered (even though he said I would be able to) and I always got transferred to a "Support Line" voice mail when I called.

That profit can then be re-invested repeatedly with no tax being due until it is withdrawl for non-investment purposes.

I'm an out of town investor, so I would really be relying on local knowledge to make a sound decision.Thanks!

My CapEx is indeed on the conservative side and I haven't gone through the home inspection but I think $100 would actually be re-allocated to Lawn/Snow and set it at $200.The reason I am jumping on this particular deal is because I could be getting the house at the appraised value minus 6% (because we aren't paying realtor commissions if he sells to me).

Always, for some reason after a couple weeks something always goes wrong and something needs to be re-wired or a wall needs demo b/c of an old pipe that has a slow leak when you turned the water on.

That would normally be red flags (I'm new.

Afterwards, you'd not be RE-financing it - but doing "delayed" financing, for the first time. ie.

You have to show 12 month mortgage payment history showing your family member is paying for mortgage. 

Brad has a much less expensive foundations program which will provide the education you need to make educated decisions, but as previously mentioned there's no membership criteria to invest in students' deals.A very reputable BP member is raising funds for a Houston acquisition that's on my list of current deals I'm reviewing.