I guess I dont understand what you asking.are you asking can a buyer cash out your equity and just take over your seller financed loan.

Podcasts and books are another fantastic way to get some knowledge in and help understanding the basics.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

Yes, I share the same feelings and dont understand why the information and steps required is SO extensive! 

I also question if they have a good understanding of the effort and risk of residential RE investing.  

My current goal is to analyze properties for potential deals on BP pro daily and start wrapping my head a general understanding of the process. 

I believe a large number of RAD investors didn't have a clear understanding of what their investment entailed.  

.- Understand what you value . . . do you want to have a phone call from the PM every Friday? 

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?