If my client had been using the cheapest lender he could have found, which I typically like to call chop shop internet lenders...he simply would not have gotten the property.Now if it is a less competitive market that is forgiving about lenders screwing up, and will constantly grant extensions to close....maybe having a good lender doesnt matter.  

I don't have extensive REI knowledge yet, however BP and many of the books they recommend are making it much easier. 

I’ve done an extensive amount of research on how it works and I’ve got a great understanding of the basics I’m a new investor and I’m extremely eager to get my first deal underway.

For instance, if you plan on buying SFRs for the next few years,  there's no need to get a multifamily coach.

My partners DON'T think about scalability and that became a  problem.However, since they defer to my guidance as the most experienced Partner, I implemented several scalable solutions ahead of time.For instance, don't buy a rental and NOT use a rental collection website.

For instance in order to install hand rails on the front porch of the Craftsman style home, the historical district requested the color, type of wood, style of pickets, space between pickets, number of pickets, where the mounting plates would be attached to the home, etc.

For instance LLC registered in another state and I live in Arkansas and wholesale, I would not be required to register that LLC in Arkansas as well. 

For instance, you may want to confirm that it's a B class property and neighborhood like the seller or turn key company has told you and not in fact, a C class or worse.

@Demetrius Potts especially if you have limited funds it's important to buy a property that meets minimum quality levels and does not require extensive capex.

and powered it with an extension cord.How awesome is that!