This is what can go wrong when you have beginners wholesaling who have no training in real estate, no experienced managing broker to go to for advice, no license, no E&O insurance, no knowledge of how to avoid scams, no regulatory body to answer to, no relationships with other quality people in the industry like title companies, lenders, contractors that they can refer to help people, etc. 

.: Does he have a 'method' and a legion of cult like followers who refer themselves as a creature often used to make boots, wallets and belts? 

I was referred to the lender by numerous agents and and investors in the area.

I have some great agents, contractors, property managers, and attorneys who I can refer you to!

I also completley share his advice on a bias for action.If you are interested in a good book reference with checklist like models, check out "The Perfect Investment" by Paul Moore and "The Book on Investing in Real Estate with No and Low Money Down" by Brandon Turner, both also available in audio versions.

@Anna Thanopoulou the "short-year" in IRS guidelines (eg publication 946 on Property Depreciation) isn't referring to Bonus Depreciation. ...

@Andre Jones Hey, feel free to DM me I'll share a few references, 

I am going to put this feedback in my notes to refer back to.

If you need references for either of them in San Diego, let me know.

If you’re referring to a special assessment, the ones for major expenses not covered by the regular dues, then maybe.