The rental game is funny in that you want to responsible enough to always make rent, but not successful enough to easily afford buying a house.

From 9:45 to 20:30 walks through a summary of the proposal as well as options that the board has on the table.  

I have a few lenders who do but they still require some money from the borrower so they have skin in the game.  

Would love to connect.I'm currently eyeing at least a 3/2 with a pool/hot tub and area for a game room outside of an HOA.Thank you!

Therefore, bringing as little to the table as possible at closing in both the downpayment + closing costs should hopefully still make your numbers work.

Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are needed Know everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.

Part of that reassurance comes from bringing some experience to the table and a proven track record of investing successfully.

I don't think anyone has ever said anything about sheets, towels, Keurigs, wifi speed, tv stations, pack-n-plays, the games in the game room, the upgraded appliances, etc.

I can tell they are both on top of their game.

Ramsey, your game plan seems like a great idea.