I've been reading and looking up videos and I'm just not confident yet to pull the trigger on a property.

-Before each eviction, FPM sends a polished video claiming they’ll pursue the tenant in court and recover lost rent.

Usually b/c if the deal is so amazing, the money is rarely the issue, and b/c those people that do have the money thus get to cherry pick for the 1 in 10 or 1 in 15 that is the MOST amazing of "amazing deals." 

Plus, they have a ton of information and videos on their site.TMC is the CDC (community develop corporation), which the SBA delegates their authority to. 

I can see an explicit exception in CA Tax Code § 17561 that says you can not use the qualifications in Section 469(c)(7) (Real estate professional) to render that income as non-passive, but I see no callout for 1.469-1T and, as such - as a non-CPA - I do not (yet) see a reason why we cannot follow the same rules for CA that we do for our federal taxes; e.g., if the business is not a "rental" business per tax code, we count that income as non-passive and offset other income (W2, etc) similarly.Does anybody else have some guidance (or opinions) on this matter?

@David Cherkowsky    This form is used:  https://content.enactmi.com/documents/calculators/Form1038.C...   

@Hiyun Park only experienced investors can DIY everything in Class C Midwest areas like Detroit, Cleveland, St Louis, etc.Hopefully the info below will help you:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I'd be happy to share a quick video overview of the software.

There were weekly group video phone calls that despite usually only having 5-10 people online I could never get a question answered leaving me to believe they were pre recorded.

The person who bought using "Subject To" has no money, no credit, that is why they bought using SubTo per the Guru's loquacious advice, along with 120 C notes they borrowed to take the "course".