I'm here primarily to learn, to ask questions, to figure out the best way to break into the world of real estate investing.I work as a Trainer at C.P.E.S.

GURU's and trainers know this fact so they set the course at a low fee knowing the investors can scrape up the cash or charge it etc.Some BP members have just started local meet ups so would have to see how that starts panning out.

@J Scott you implied that it's simpler to just get a PM instead (setup a PM LLC).

Account Closed your post implies that you are selling your personal residence every two years to take advantage of the tax free (exemption of up to 250k single or 500k married) gains from sale.The two year rule is based on the IRS set time period for selling your personal residence without getting taxed on the gain.

This implies I believe that there are many markets other than CA that smart investors can succeed.

They can sign and take a pic/scan and send it back.Payment would be implied acceptance of terms.

Stated income implys a no verification loan....won'thappen with an LLC as a borrower!

Doesn't that imply partying, damages, high noise levels, and lots of turnaround?

Option number 1 implies that he's getting $6000 (800+800+4400), and has a total of $19,000 in debt (800+800+4400+6500+6500).Then in option 2, you're saying that he could pay off 800+800, plus half of 4400+6500+6500 = $10,300 total - not $6000

(Although the laws pertaining to implied warranty of habitability do vary by state, I've never seen one that didn't require at least one working toilet.)I'm sure your landlord doesn't intend to leave it in that condition.