I bid on a couple of properties on the website for what I thought the property was worth and someone kept bidding it up.

What's included in this package is connections to lenders and investors, mentors, some sort of boots on the ground in 4 weeks, a expo in Las Vegas and access to tools on their website.

Do you have a newsletter , Website, personal mailing list, or placing these properties on Bigger Pockets?

We are going to roll out a powerful vacation rental website in about 2 months.

Basically, I had no choice but to get the loan from finance guy(who by the way can pre-approve me in 30 minutes if I finish on-line application process) that I never met due to last minute request from the seller.  

HI Roxanne,It is true you need to be in the business for 2 years but no one talks about the details about how that is documented which is either by:- Looking up CA BRE website consumer licensee information which will show how long you've been licensed- CPA letter to sign/date on you being self employed for 2 + years or 5+ years if you're using Freddie Mac's program since Freddie specifically wants 5+ years to use 1 year tax return- or another third party to verify you've been SE (self employed) like business licenses, attorney's, other auditor or licensesWith regards to income like others have mentioned you can use 1 year tax return to base your monthly qualifying income off of.Freddie mac, like mentioned above is a a conventional financing option but the downside with Freddie is they want 5 years in the business as documented with one of the options above.

At least when I finish it I'll have a better baseline understanding than now! 

I'm not a lawyer and not giving legal advice  -  I'm not a CPA and not giving finical advice  -  Simply my opinions@Ike MutabannaTo find a lawyer try checking on the Texas bar website www.texasbar.com You can choose specialties such as Real Estate and professionals with an office location near you.My $0.02 on the Series LLC concept  - I read David Willis' books - it seems he likes the use of Series LLC's for asset protection. 

With little $ you can get a website going (to sell what you buy), find motivated sellers, and start flipping property.

@Andres Gonzalez Welcome to BP, lots of great resources on the website + there is a local meet up as well that's great to connect with local investors.