I have been expressing much interest in the acquisition side of the business.

You expressed some concerns and made a number of recommendations before one establishes an IRA/LLC.

@Chris Armstrong You expressed several areas, of interest such as flipping houses, building a large portfolio of rental properties, and even wholesaling properties.

The homeowner expressed she is not happy with the current situation and is looking to sell fast.

I used Real Estate Express in combo with Prep Agent.  

This leads to "self investment" and other expressions as the safety of the relationship becomes clear.3.

I've never heard the expression "initial note rate."

I can't speak to anywhere but where I've purchased but there are a lot of bad surprises that come from arriving at valuations based solely on 3 comps and considering nothing else (no, I won't take the time explain my process but look up the appraisal expression "adverse conditions" as a way to get started in the right direction).So, insurance to keep the sellers of sub to properties needed to be $1.5 million. 

I also have some expressions in my spreadsheet, so I can type a category such as "Repairs" in the column next to an item, and the spreadsheet will total up everything for repairs for the year.I have one section in my physical filing cabinet per property where I put all the paper bills.

You're now off and running and as expressed above, you will only learn more and improve with each deal.