I've done some expensive real estate investment training programs in the 1990's and early 2000's that a lot of people complained about, (or even asked for refunds on) yet each time I did these trainings, I learned new skills and strategies that helped me grow my real estate investment business.  

It feels more organized and easier to follow the thread

As a self-managing landlord, I used to believe that almost everyone could learn the skill stack necessary to become a competent property manager.

San Diego was even going to opt in on SB10, but there was some organized backlašh so the city has not opted in (yet?). 

Steve in my mind maybe this works for non owner occ investment props only and houses are vacant.. kind of like an OREO Broker works.For owner occ and mom and pop buyers to move in and live.. this simply is a non starter in my mind.. .To be successful at Real estate sales to mom and pops you MUST have some sales skills and closing skills.

Because there is so many novices who jump into STR without the skill, knowledge, ability to actually operate it and rapidly are bleeding-out.

Financing provided through this program is only available for properties located in Michigan or Florida.Available Product Type: SOFR 7/6 ARM, SOFR 10/6 ARMLoan Amount: $766,550 MaximumLTV: Purchase and No Cash Out Refinance - Maximum 99%Prepayment Penalty: NoneLoan Assumption: NoneEligible Properties: 1-unit dwellings, attached and detached condominiums, PUDsEscrow: An escrow account must be established for property taxes, and flood insurance, if requiredUnderwritingNo Private Mortgage InsuranceOccupancy – Primary residencesMinimum Credit Score - 700DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)Student Loans – If in deferment, no qualifying payment requiredDown payment of 1% must be borrower’s own funds, while closing costs and prepaids may be gift fundsAttached condominiums require a 10% down paymentEligible Borrowers – Protect and serve heroes are defined as employees of public or private education institutions, employees of medical and healthcare organizations, all first responders, and active or former military personnel.Servicing: Retained

I think, the first, is understanding your goals, resources, and skill set.

Marie Johnson That has to be bought by a qualified non profit organization, and is only allowed by certain investors/lenders.

My goal would be to secure my first property by 2025, reinvest in 3-4 properties by 2028, and refine systems for scalability by 2029, using tech tools to stay organized and effective.Good luck!