Hi Everyone, is it true that a seller can only pay 2% of my closing costs on an Investment property?

Most properties you look at are going to be losers ... that is true in the BP marketplace, the MLS, direct marketing, everywhere.

That's either a wish or a dream...and you can't be successful wishing your dreams will come true.

Very true.  

I will tell you that the actual test I took for my license was more situational based than multiple choice, true/false etc...

Everything else puts the PM incentives out of alignment with yours.If it seems too good to be true, it probably is ... if you can't understand with their fee structure how they are making a living honestly, then they will probably be trying to make their money dishonestly and/or not staying in business ... neither of which is good for you.Know the local laws.

I paid a lot for this house, Despite the seller's promise that I could sell it today for 20K more than I paid for that, I highly doubt that to be true.

Sometimes people have a sad story (I'm sure at time some are true and some are not) but unless they have a proven good credit rating and good employment, they will not rent a house from me.  

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I personally believe in getting your mindset right and receiving clarity on your goals in life .Start with "The Miracle Morning" by Hal ElrodI wish you the best on your start.