@Robert Lum  you bet you can troll around a site like BP read their books listen to the pod cast of those that are successful and talk about their business's.. its inspiring and motivational.but if you really want to learn the nuts and bolts you need to get in the game.the best and least expensive way to do that is to simply take a pre license course in your state.. learn the laws ( the real laws not the BS that is talk about on line).. terminology etc. then go to work with a brokerage in the aspect of Real estate that interest  you.. there you will get REAL training by those that are successful you get on a team.. you get paid as you learn.

You will need a licensed TX attorney to oversee the legal documents, you need escrow officers and transaction managers and business development/marketing.

For the person that is letting you arbitrage their property, why would they choose to let you arbitrage their property rather than hire a professional, licensed, insured PM that has a team to run their property for them? 

Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

@Luca Perinuzzi   Did you end up getting your license? 

If you are looking for a licensed GC to help you with your project, take a look at Peridot Assist (770-984-5353).

You provide a copy to the tenant.Are you a licensed PM?

If you're wanting a Conventional loan, make sure the lenders you're talking to have an NMLS license.

Whoever is teaching this should have their license revoked... up there with some of the worst counselling I've ever heard.

I usually don't recommend you get your license.