Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

The first is having a personal portfolio of 5 passive rental properties, not including my residence.

And if they don't deliver, you need a truck and an extra person.  

Lenders will want to see those funds deposited in a bank or other lending institution on one or two monthly statements.

The work around was a Mexican bank was the owner and lease it to the foreigner.

If my business owner bank statements did not gain me an approval, I was going to go the hard money route.

Commercial Revenue Generating properties like office buildings, apartment buildings, retail centers, etc (banks call it "CRE" lending) are typically evaluated from their net operating income, not gross.

I've personally found the bulk of my Chicago purchases off the MLS.

He would also be exposed to liabilities related to the property, such as lawsuits or property damage claims, which could affect his personal assets.

I'd be going to as many in-person networking events as possible...here is a list of the BP events:  https://www.biggerpockets.com/forums/521-real-estate-events-...I have a separate list that is more encompassing that I can share as well!