I really enjoy the magical mortgage elimination threads, but I am sure there are others far more entertaining that I have missed!

)Consistency and small steps will get you to your goals but it is not as sexy and glittery as the magic pill many want to swallow.Smart work,determination,consistency is the key.

private money isn't magic - it needs to be paid back!

You can achieve the same benefits of the MLS (it's not magic by any means) and more by finding an investor-focused firm - who is not actively investing for their own account (you don't need competition from your resource) - and staying focused on running your core business. 

It's not as magical as sources monetized by clicks/ads will tend to indicate: IRL each $500/mo block of rent will bump your buying power by about $20k.So if the other unit generates $1500/mo, it'll bump your buying power by about $60k.Talk to your loan officer about specific exact numbers particular to your scenario, but it's not going to jump from $20k per $500/mo to $30k per $500/mo.

Share in some of the magic and replenish the energy in your union.

service magic.  

I told him to look at it from my perspective and how it seemed they made money on $2500 deposits and $600 inspections that magically never funded.

(10 conventional loans being the magic number).Again, assuming an "All In" of $30k, would it make the most sense, loan cost wise, to just carry the $30k myself for the full 12 months, and then do a cash out refi at 80% ARV?

That is it.None of what he states is unique or different then almost all of the motivational gurus, they all simply package it differently.If you are hoping, his books or seminars are going to give a magic recipe to riches, it's a huge waste of time.5% useful, 95% fluff.