Running numbers and analyzing deals will only help you become more and more proficient at spotting terrific investments, even if you don't anticipate making real offers at this time.

It is very easy to get yourself into trouble in a very litigious society.I am all for learning something new and becoming proficient, but wait until you have at least a year under your belt and have most of your team ready to go.

In my profession I am proficient in EXCEL and that is how I do my day-to-day bookkeeping, but is there a more RE specific program, strategy, or template that is useful when it comes to keeping track of RE specific items? 

You're contributions to this inquiry are greatly appreciated, my wife and are very proficient researchers and any information we can assist with in pursuing your goals, we would be glad to help.                   

We did HML origination's and that business is still alive and well and will continue to be .what your seeing is that the Guru's got into the How to business and they focus on buying existing notes from either owner occ seller carry back type or other commercial assets.. and then of course buying NPN .. all of these are very different.. and like my investors back in the 80s made 12 to 15% and note investors today make 8 to 12 on perfectly good performing notes and if you get with a proficient broker you always have deals.. what many talk about in the NPN space is finding stuff with very high potential returns.. but they take risk and those are complicated and the risk level is much higher.. its logical the note is already bad... :)So just depends on what you want to do and how aggressive you want to be and what your risk tolerance is.. and then how much time and effort do you want to put into this .as for notes compared to rentals done correctly notes are far more passive simply because you never have to deal with tenants or cap ex or any other things.. risk in notes is you have a default and you have to foreclose. there are some note funds out there were they do the heavy lifting for you.. those can be options. 

Much appreciated.Justin R- I don’t disagree that I should endeavor to become really proficient in a certain area of investing or perhaps in a specific market or type of home.

If you decide to work with someone remote, the key is to make sure they are specialize in multi-state taxation and are proficient in CA tax laws.Please feel free to reach out with any questions.

As you become more proficient, this should take you less than 15 minutes to see if a particular deal is worth pursuing or not.  

You're contributions to this inquiry are greatly appreciated, my wife and are very proficient researchers and any information we can assist with in pursuing your goals, we would be glad to help.

What he can do effectively and proficiently depends on his level of experience.