That is very typical of the "advice" I see given by the students in his group.

You typically need up to two years of stable employment before a bank will loan to you.

Typically, we set up entities in the state in which the property resides.

However, tenant insurance is typically intended to cover personal property and liability for the tenant, not the building itself.

The people doing subject-to are quite sophisticated and typically have quite the platform.

Typically the more extensive the rehab the higher the value add.  

Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.

The equity gap can definitely be a challenge but there are still deals out there - typically with homes that were purchased in early 2022. 

So yeah, that's even less than that typical 1% rule. 

You'll be hard pressed to find a coach that teaches Lacrosse, rugby, cricket, and shot put.Also, a coach is typically used to accelerate growth, not get you started.