I had a client who found a fantastic piece of land this way; he started chatting with someone at a local real estate event, and boom!

While this isn’t ideal from a transparency perspective, it’s a foreseeable outcome when the regulation doesn’t directly impact flipping economics.The Bottom Line: While AB 968 may promote transparency in theory, its real impact will likely create more complexity and hurdles for sellers of distressed properties and newer market participants rather than significantly altering the business strategies of established flippers.

Experience has always been my best educator and owning a piece of a pie and watching/learning from those who have done it for years is a potential strategy for you in place of or before you spend money on seminars.

If it's used to promote an agenda or to scare you into doing something, then I take it very cautiously (like the jobs numbers, that were adjusted 340% retroactively...do you still place value on that reporting, after repeated significant adjustments?). 

Here's a totally separate piece of advice.

I own a piece of land on which someone else has their mobile home. 

Do you mean the piece of material (either steel or concrete) used for repair, or one spot of a house that needs to be lifted?

Our liquid net worth is around $1.1mm; we have an additional $480k in equity in our home and a piece of land we own.

USDA is zero down - which solves that piece- for some.That these programs can be combined (stacked) together is what helps create a more affordable payment. 

If you believe you're undercutting them while trying to convince them that you're not, you're missing a big piece.