If you create a separate entity like an LLC set up a separate bank account(s) for the business - and look up "LLC entity formalities" while you're at it.I will say (with the voice of some experience) don't bother analyzing things to the Nth degree to determine an ultimate "exit strategy for the LLC".

I listen to them through a youtube app at 1.25 speed... voices are not like Alvin and the Chipmunks unless you crank it up over 1.5 speed :-)Best of luck!

“This is very much like the bubble in synthetic asset-backed CDOs before the Great Financial Crisis in that price-setting in that market was not done by fundamental security-level analysis, but by massive capital flows based on Nobel-approved models of risk that proved to be untrue.”Models of risk that prove to be UNTRUE.

This is complicated even more since many REI don't really know how to either, and not all REI have the same criteria for deals.It's really up to the REI to give the REA the REI's list of criteria for deals, and for the REA to use their knowledge and resources to bring properties to the table that match that criteria...and NOT to bring properties that are just "close".This means the REA must understand the how's and why's of the particular REI they are working with so that the REA can be the REI's voice during the negotiation. 

Choose for yourself and avoid listening to the voices of naysayers who haven't even explored the opportunity. 

I am a voice over IP engineer and probably will still be one till either they let me go or retire. 

Now if you are seeing that almost everyone has a college degree except for a few outliers whose actions did not follow any particular course you can duplicate than its time to drop the lesser goal for the greater goal, suck it up, go to college and establish yourself in every meaningful way that will get you to where you want to be.My personal advice is just one of many voices but I'll give it.

Yet they DO believe it’s ok to willingly sign a 30-40 year mortgage and pay $100s of Thousands of dollars in interest for 30-40 years merely because its commonplace and the because the mortgage community has the loudest voice.

I really needed a sounding voice.