We buy properties that need work, fix it up (forced appreciation) then get a LOC on the house which enables us to pull out our down payment and buy another one.We've done that with 3 properties but now we're tapped out, mortgage wise. 

Sometimes these conversations enable a light bulb to flicker in your head.There are a lot of experienced member on this site with a boat load of wisdom.  

Real estate investing will enable you to get an infinite rate of return if you know what you are doing.

I am still trying to extract as much information as I can so that I can report him, it is definitely disheartening.

Depending on how good a deal you did, Harjeet is correct: that 70% of their valuation could get you all your outlay back in your pocket, enabling a BRRRR Repeat!

That would enable you to save up for your house quicker.Just a thought.

Elance also has a screencast feature that enables you to see the work they do.

I think the upside in my OP plan is too small in relation to the difficulty of timing everything right or if I don't find a deal I like and have the cash already extracted.

It contains illegally dumped radioactive waste but they are working on extracting it soon.

A good friend of mine is great a memorization and learning definitions, but doesn't do so well at extracting lessons, themes and nuance so he failed multiple times after studying online.