This is where you need to be careful because if you have money and you seek a mentor then this is when the vampires come out.

You are an inspiration to those who are seeking what you have accomplished!

I am particularly seeking advice on advantages or negative consequences if I 10+ this complex.

When you look at a property you will be seeking a discount from the retail value of the home in order to bring the home current in the market place and thus makes it capable for the home to capture a higher percent of the retail value in the normal marketing time.I like this analogy, where retail value is a glass of water.

I know there are some poor ones out there, but I seek not to focus on that.

What are some of the trick successful people as yourself seek when looking for cash flow positive properties?

SPend the rest of my time seeking the next deal.

To get access to the capital, in the future (say after 6 months) you would be able to seek a refi to cash out some of the gain that is now tied up.

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Yes, you need to show bank statements (or some other financial institution like a brokerage account) showing sufficient cash reserves. 401K accounts can be used, too, though there is a discount factor to account for taxes and penalties.