I do not have licensed guys for anything that's relatively low skill.2) I would get a policy equal to the arv of your property (i spend the 15 bucks extra per month to not have to worry!)

But I will tell you my secrets to making a success in business in general.1) Spend as little as possible on things that are not absolutely vital.2) Don't hire anyone on a permanent basis until you are making money.3) Don't release any software until you are absolutely sure it works.

Well Blacke, it was not a "rule" only a hypothetical to get people's opinions on the matter.Either way, I agree with you that learning hands on really is the best way to learn, but having a coach to ask questions to or guide you through is also vital to your success.I think your offer to get taught and give the teacher the full profits from the first deal is great, however, many have "offered" that very same thing to me and in the past I took them up on it.

True, you can not tell certain skilled pros what they should charge but you can tell them you are not willing to pay their price.

I'm extremely skilled due to my job.

These PMs are very skillful in the Section 8 process, they know the inspectors well, they know the office personnel, they effectively market to this clientele at Section 8 fairs and other events.They also know how to correctly condition (some say train) low-income tenants.

My income status is only getting better and my money management skills are soaring.

I am 56 years woman, and I did not work for many years now, I am not having any marketable skills, etc,all this means no income.

But, one thing I learned is to not throw money into something I am not skilled in yet.

If short, this is our approach:One of our favorite borrowers is an extremely skilled flipper with whom we participate in as many deals as we can.