As more exits occur and reseed new investment things will change, but we're still lagging other areas viewed holistically.  

However, his teachings have often done more harm than good in other aspects and I do not blindly agree with everything he says.

Is it easy for them to use a Debit Card for auto re-occuring payment?

This typically occurs after first placing a rental in service if you have mortgage on it, since you also get to deduct the interest paid. 

Akhil,Although there have been rules of thumb mentioned in the past, Liability losses and Lawsuits depend more on what occurred and what the claimants Attorney thinks they can get.   

A "sure thing" has about an 80% chance of occurring in our legal system. 

Communication and reputation are key to getting deals accepted. 9 out of 10 deals use agents according to title company records, and FSBO/off market deals without agents involved are actually where the majority of litigation occurs, because they're often a complete mess, so I think anyone saying agents aren't needed is living in Lala land personally.

If this occurs, and additional work is required, then the borrower must pay the lender the additional money to complete the required work so that the rehab account will have sufficient money for the lender to pay the contractor.

An amendment to the contract, on the other hand, usually requires resolution of the matter in order for the settlement to occur.

In your case, the closing occurred without a 1031 Exchange in place so it is a taxable transaction.