I am no expert but I hope that helps.

No issues.If the seller's property isn't free and clear, use a Sub-To and obtain title.You can have issues having a lease-option with repairs or rehab required as you'd need the owner's consent and willingness to work with you, a lease doesn't give you owner's rights to encumber a property by contractors or material suppliers, at least cleanly nor might you be able to obtain permits and insurance coverage may be more difficult.....so get title.Stay out of jail and don't get creative in financing without expert, (non-guru) advise.

. ;) As for the business entity, I haven't gotten it set up just yet, but I am acquainted with an excellent US/Canada tax and asset protection lawyer who is an expert in that matter and he can help me with it once I have the property ready to go.

Thanks for making yourself available as a strong expert on the topic

I am not an expert on Louisville or Northern KY, but I am sure those markets are doing great too.  

I'm no expert on how to fix things but I'm trying to learn things here and there but I 'm close to what I own now so I can be there with people I use and trust.

Almost all of these conferences are designed so the "experts" can sell you something.

I know they're the experts, but I would have to disagree...

Obtaining a real estate license can be beneficial in that it commands respect and authority, showing people you are an expert in the business.

I'm new to BiggerPockets and find the site vast with tremendous interconnectivity for RE enthusiasts - from new to highly experienced. When I entered my family's industry in 1990 (we've been in business since the 180...