. - Just be prepared, because a motivated seller typically has a property with issues you need to be sure you can solve.

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

Price RangeDefine your financial boundaries based on available capital and borrowing ability:For Class A & B, financing typically covers 75%-80% of the purchase price, allowing you to buy properties in the $6M-$12M range if you have $2.3M total cash.For Class C & D, due to higher risk, the price range might be reduced to $5M-$10M with the same cash.5.

They typically provide education and also have classes/courses to take.

Yes, when there are multiple adult occupants, you would typically combine their gross incomes to determine if they meet the income criteria.

Business loans typically won't let you purchase a property if you read the fine print.

I wouldn't bet my life on 50%, but I would bet they are more problematic than the typical long-term renter.

Typically a tax foreclosure is first position lien.

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

The more properties they get on their marketplace the more money they make so they are basically a glorified MLS because they are marketing themself at a discount to the typical real estate transaction.