An excerpt: "It was Day 2 of Mobile Home University, an intensive, three-day course on how to strike it rich in the trailer-park business.

Today, my basic test is to remember those days.

They are open to working win investors.I am currently opening up my own account so I can test the various ways of using my own self-directed IRA account to invest.

Being an REI and having the property as an asset tends to negate this, but the test is still there and used by the courts - so be aware of it.In general, as long as you set up the LLC properly, define the rules you will operate it under, actually operate by those rules, fund the LLC commensurate with its operations, and then don't willfully be fraudulent or negligent, you will probably be fine.

In my opinion finding opportunities and achieving success has a lot to do with how willing you are to get out of your comfort zone, try new things, and test your limits regardless of if you'll fail or what anyone else thinks.

I believe the current requirement is 2 years experience as a salesperson and passing a class and test to be a broker.

Mold is a scary thing and your tenant may come back to you and request testing or additional work to prove you're not putting them at risk by doing this yourself.

I currently work from home doing software testing and watch our 3 yr. old son.

Unless the seller owns the property free & clear it would usually mean being done in combination with one of the techniques in Brian's list.The only other thing I could offer is offer the seller a net price and negotiate discounts or terms with lien holders on the property.To the Original question, I think your criteria is fine but only testing a tweaking will confirm the best solution.

Doing this kind of work is labor intensive plus a lot of up front cost.