I understood that as well.

i appreciate the quick reply, i recently started looking into hard money lenders but they seem steered more toward flipping properties a little more short term, but i could be wrong i am scrambling to learn as much as i can *though i will never know everything* but i feel that getting funding understood and ready is better than trying to find a deal without it. 

If I understood you correctly, the home costs $91K and the rent is about $1,000 per month.

It is understood that a person who has avoided "consumer" debt for much of their life could have a hard time making the mental shift to take on debt as a tool.

I understood what I HAD to have in a contract and what was merely fodder in my opinion.The TREC is definitely the most comprehensive contract out there for Texas.

If I understood you correctly there are actually two contracts?

You should report back here 6 months after closing Nd report how similar/different the actual numbers are compared to what you understood mother to be at closing.

Let me tell you, every time someone has given me information that was so over my head that I didn't understand it, and I was afraid to ask for fear of looking stupid, here is what happened:  If I persevered and ask anyway, either 1. they explained it using other words and it turned out to be something I already understood but didn't understand their use of the words, or 2. 

Credit is viewed as to the situation, BK due to medical bills is almost ignored in reality, foreclosure is still an issue but understood and, what ever the issue was must have been cured, such as a death or cancer cured.

@Joshua Dorkin I understood that - I should have said that I don't see the value proposition for property managers or for investors.To clarify, my question is what need would a BP property management certification fulfill for investors that isn't already met by finding a property manager who is NARPM or IREM certified?