Two flats are essentially just houses.... they trade like houses and there is a lot of emotion involved.

These cash outs got me 14 houses with no out of pocket $.

A block can transition from appreciating to depreciating within ten houses so you have to learn where it is ebbing and flowing.

@Bob Dole please tell me you have a CPA and you're simply educating yourself so that you can verify what he is saying is correct? 

I would recommend joining ULI (Urban Land Institute) They have a network of people that can provide exactly what you are looking for Remington is it just ULI dot com ?

Even if the owner seems like a really nice person, they will micromanage the builder and not like the specs of the house the builder needs to do, and/or the timing in which the builder gets it done, etc. 

Estimated current value $325k-$350k What made you interested in investing in this type of deal?

Little did I know it would take decades to ripen :)3. bought a foreclosure sale .. traded the house for the 3 acres the person who owned the house. 

Your margin for error on a house that is valued under $100k is so tight.

Hi @Justin Snead, I would say just make sure wherever you take the pre-licensing class is IDFPR approved.