Reading a ton and soaking up knowledge while I also study for my real estate exam.

While it's possible to make a LOT of money in IM, it takes a lot of time, study and very hard work -- again, like real estate. 

Then I would conduct a lien search, find out the current market value of the property (of course) and then do some studying on the foreclosure process.I am not sure of this County but the foreclosure process can be tricky.

Here, there is an older Indian couple and a few other regulars who seem to just buy up everything.I go even when I'm not buying just to study their habits and drink the horrid courthouse coffee.

I am more positive on renting to someone who volunteered that they have a problem then someone who fails to share a major issue and waits for me to discover it.

Pretty simple.I'll be happy to help Daniel, if he wants assistance, study my profile and see if you think I might be qualified to assist and advise others in seller financing!

You will discover that the real returns are to be made on the front-end of investing...not the back-end...at least in our model.

Great challenge to throw out there.Though a mentor will only be as good as their mentee's willingness to take action and follow the sage advice.I certainly try to help and give back by being active here, doing the podcast here, talking at my local REI meetings (I've done case studies, no selling stuff), talking with newbies sometimes for hours at these meetings, talking on the phone and writing long emails to people that get in touch asking for help.I have had one true mentee that I met with to talk about stuff and had lots and lots of communication with.

After completing the study guide, I took 4 practice tests and that's it.

That being said, each park is different and will require a cost segregation study to determine the actual depreciation schedule, which is comprised of the following:Park infrastructure improvements – utility lines, roads, fences – often account for 60-80% of the total purchase price. (15 years)Land – not depreciableStructural improvements - sheds, clubhouse, well house, stick built homes on property, etc. (27.5 years)Personal property – appliances, mobile home improvements, office inventory (5 years), Mobile Homes (5 years to 27.5 years – depending on which accountant you ask).