He holds them in trust and cannot take ownership of them until a future event has occurred: A charge related to the tenants' leases for breach or excessive wear and tear, etc.No credit, no physical transfer, no closing.

Building a trusted team is key, so starting that process as you actively search for your market will put you in a strong position moving forward.River - Would you prioritize meeting these team members over going to see some potential properties for a first visit?

Goal in mind is to establish my (and soon to be wife's) primary residence/house hack whilst rebuilding reserves for future investment. 

When flipping, the most important thing is understanding the available loan programs for potential buyers.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Usually that means that they have hard assets that can be liened and potentially sold to pay off the debt.

Our primary objective as coaches is to help clients ask the right questions, develop the right criteria, and identify potential red flags. 

Penalties of these Federal charges may include:30 years in prisonUp to $1 million in finesThey have a "statute of limitations" - (with a third "T"  ;-) of 10 years from the date of the transaction - 10 years from now, you could get a very nasty call and hopefully, you put your reserve money in a good account that grew to cover legal expenses**********************************************And the universe could blow up as Doc says in Back to the Future " But, granted, that's the worse case scenario." 

I'm a solid $400k/yr job in NYC and have $250k to begin investing as my first step into building a portfolio, although I don't have time to be a landlord so I have to account for management fees.  My endgame is to end...

I learned from Dave, how to talk to potential investors, how to build rapport, how to answer questions and explain the company’s strategy and operations and the secondary mortgage industry.