The bruises will heal, you'll move on and gain tremendous benefit from the experience.

Not only do you have to put up with the dreaded "dealer tax" (i.e. self employment tax), but the capitalization rules pertaining to overhead costs is also a tremendous burden.Consider this: You purchase a home for $30,000 cash.

Homestead protection is something different and varies tremendously from state to state, so any information is state specific and may not be relevant in your state.Be careful and check with an attorney in your state.

It is a tremendous asset for new aspiring real estate investors.  

Thank you for posting such a tremendous resource.

Tax Lien Certificate School by Dustin Hahn helped me tremendously.

This isn't being a GC, and if anything, I'd say that the project is likely at tremendous risk based on your involvement as the guy responsible for the rehab.  

This is not the worst case, but for me being in the RE business for over 20yrs and having access to undervalued props, the ability to purchase a SFR, renovate it and have it appraise for well over $75k-100k then what I  paid for it is tremendous!

Those are hardly budget-busting amounts and the Essentials level education (the $1,997 one) really offers tremendous value to the beginning real estate entrepreneur.Fourth, one thing that hasn't been mentioned is the flexibility that individual affiliates have to create their own opportunities.

Most wholesalers right off the bat don't get the rehab estimates correct because they are new to the business and if they don't have any construction knowledge, usually butcher this part tremendously...