My financial situation good being that no debt and I am fortunate enough that my parents help with school tuition.

Thus one could bet their whole fortune across 10 deals in theory.  

Hi All,I'm currently working in the finance department of a fortune 500 company and am just starting out in real estate investing on the side. 

One was Steve Martel, the other Fortune Builders. 

I've attended a Fortune Builders 3-day event, which is actually how I found BiggerPockets - someone at the event mentioned it, and I will be attending a Real Estate Investing Club meeting next week.

Plumber had to cut an access panel in the opposite sheetrock wall, fortunately in a closet.

Realistically speaking, I feel fortunate to have found this forum and look forward to learning tons along the way.

Cash or MO only from then on.Jon,Where we have been fortunate enough to have our units (re)rented 2-4 months before they become vacant, I have been accepting cheques for security deposits at the time the lease is signed.

I posted a follow-up in another thread on that a couple weeks later...Unfortunately (actually, fortunately), my business has seen some huge transformations over the past few months, and the majority of my time is focused around trying to keep my head above water and get my new business model automated and running smoothly.

Brian and I have discussed this aspect and I believe he doesn't make that claim, as any agreement to sell creates an equitable interest for the buyer, think as we justifiy flipping contracts to wholesale deals.IMO, that attorney needs to go back to school and he certainly needs to review lending requirements before he attempts to devise some spinoff contract for investors, not sure what the attorney's motivation was, fame or fortune, or both, but I doubt he'll be looking at fame in a positive light.