The second I understood the opportunities this business offers I was hooked.

Every person i talked with I made sure they understood that i was new and it did not seem to be a problem. 

@Mike Burkett - understood.

Criteriaii.Employersiii.Verifying funds and income3.Typing up the lease and making sure they understood the lease4.

Understood, why do people do double closes if the seller will already know your assignment fee and when you can do a seller side only hud so they dont see what you made?

There are a number of practices that can help defer taxes or help get preferential rates, but real estate has been bought and sold for at least a few thousand years before anyone thought of the United States or the IRS, so it's fairly well understood and they generally will make sure that tax is paid on income earned in this space.You'll want to figure taxes into your planning- the way you structure your business may help or hinder you through when the income/appreciation is recognized.

What threw me when talking to this lender is that she was the first that acted as if she understood the concept and Fannie Mae rules.

The SPD is required to be written in a language or format that is easily understood by participants.

(a) amount of earnest, understood(b) on (date), is this the date I sign this form with buyer or date he later drops of earnest at Title Co or the date of closing?

We had a positive result, because there are not maintenance cost or other issue that usually happen with property.We could invest 5 million$ in the next 2 years, but we know we need a licence , at least it's what our Title company told us, what i understood is that the maximum amount of deals possible are 3.