So correct me if I'm wrong but what does anyone have to be scared of if the following conditions apply in a meltdown1. youre locked into a 30 year conventional or 7 year commercial loan and the banks cannot re-appraise or call in full your loan as long as mortgages are being paid  per the closing docs2. your rents can take 25-35% cut and still break even on all mortages, taxes, and insurance3. you live in a populated and buzzing area where demand has always been heavy and unless a bomb dropped on it (yay insurance) you shouldn't have trouble finding renters4. downturn --> people lose jobs and homes or try to downsize and  turn to renting  (good thing). 5. have solid tenants that have older co-signers (parents, guardians)Am I missing something that the banks can still do to me even if I'm paying my debts on time?

So if you apply to 3 separate banks at the same time for $20k per bank, you could get approved for a total of $60k.  

But why am I finding info on 3-5 years as an agent being required, before I can apply for a broker license?

.- no title seasoning on cash out refinances unlike FHA which has 12 months of title seasoning after purchase before you can use market value value or conventional which requires 6 months after acquisition (this applies to CO refinances where you used financing initially to purchase not DFE or delayed financing exception which is an all cash purchase and there is no lien/deed recorded on the property at the time of close), This becomes very handy for  creative RE entrepreneur once you learn how to force equity through adding value to properties you can use VA's no title seasoning advantage to increase the speed at which you move from deal to deal quicker than Conv/FHA- no self sufficiency rule when owner occupying 3-4 unit properties which FHA has (a rule that makes buying 3-4 unit FHA properties in high cost areas nearly impossible) so this a huge plus- use of rental income or other peoples income (OPI) to help you qualify on your 2-4 unit VA purchase (FHA and Conv does allow this too)There's a lot more you can do to optimize your mortgage planning from an investors perspective.With the introduction of the 2018 Tax Cuts, you can structure your taxes strategically to not only greatly reduce the tax impact but also remain bankable to most money sources.

It only entitles you to two things:1) if someone redeems the Certificate, pays you off, you get the Cost of the original certificate plus accrued interest at whatever the bid the rate down to.....rarely above 5%.2) If no one else redeeems, and you want to get your money back as the certificate holder, once the certificate is 2 years old, you can apply to send the property to s public tax deed auction.

This just makes sense if your intention all along is to help your tenant to buy.As I understand it the Dodd-Frank Act doesn't apply to lease options when they are properly set up.

Does this valuation principle apply to all apartment buildings with 5 or more units, provided that all units are legal?

Your insured subs don’t necessarily need to add you as an “additional insured” but many people require this to be done, this only applies to liability.  

Curious to know if a hard money loan is possible in my situation, while I apply and receive financing through a 203k renovation loan to fix the violations, I understand it will be more fees, and higher rate, etc but I could use the closing cost assistance to finance the majority of it, unless there is a lender out there that doesn't care about having old violations on the home.I have good credit and very early six-figure income.

So I made the decision to apply what I’ve read in “Rich Dad Poor Dad” by Robert Kiyosaki to get out of the “Rat Race” and no longer work for money but let my money work for me.