No matter what the legalities are of your loan, the basic concept of buying a house for $30k and renting it for $600 mo is a good one, but those figures only work on paper.A house purchased for $30k will normally (95% of the time) need to be rehabbed so some extent before you can put tenants in,,also there are cost associated with advertising, vacancies, etc, which is where the $54k a year income figure came from (figuring 50% of income for expenses and repairsj, and I'm assuming you want to use a property management firm, 15 low income rentals would require a lot of management. 

I think it's way simpler than that.Again, I would think that RV financing would fall under some state consumer laws, maybe similar to used car financing.  

And I see a lot of investors skip right over this concept.

Grandfathering here is much simpler than in most towns. 

We accomplished this by keeping an open concept between the kitchen and dining room.The lighter kitchen cabinet color we used really gave a brighter and larger feeling to a smaller area.

You'll be introduced to concepts that others will just memorize and regurgitate while you picture how they could be applied to make or grow your business and get exited about.With your drive (and focus) you remind me of a young Air force pilot I knew who at his first posting (here in Alaska) had the ability to buy a 4BR house and rented out the other 3 BR's to his fellow airmen.

Frankly, that doesn't even make sense since the asset class innately includes concepts of real property in it's entirety plus all of the other concepts like title, accounting, bankruptcy, foreclosure and the oodles of regulations.   

They teach a basic understanding real estate concepts such as Title and Appraisal, and compliance with state law.A license will require $$ ($1500-2500) each year to maintain your license through Continuing Education and other fees.A license requires you disclose you are an agent to every potential buyer or seller.You can pay for your own MLS login.You can also pay yourself your own agent commission (after your broker gets a cut)You can represent others in their deals.A license is a state sanction that allows you to put together real estate transactions "for another" and to receive a commission.

If you can handle the concept of being mislead on a regular basis and a heavy dose of being lied to by everyone then it might be a path worth exploring.    

I had to fax a letter to the woman at SS explaining the assignment of rents concept.