Never a mention to net numbers and ( what they called running costs).. well after a few thousand forays into the hoods of the greater American inner cities they are learning the hard way unfortunately about gross and net.I am sure Rick can enlighten you as I am sure you do not want to make any ignorant comments in this regard :)

I just finished reading chapter 7 of the guide, and man is it enlightening.

Targeting a narrow portion of the market for your exits comes with heightened risk for the spec.

Perhaps @Sydney Chase can enlighten me on that... is that actually true? 

it sounds like you have your mind made up about that too.I was wondering if commercial real estate brokers get a salary and commission or only commission. it seems imposible to survive on only commission in commercial real estate. perhaps some of the other people on here can enlighten me.

Also, I was planning on paying mine down until I was enlightened with the idea that ROI is significantly higher with leverage than without.

I have read the book the one minute millionaire (the enlighten way to wealth) and other books on real estate and I am so excited about starting.

Perhaps if those interested would search here on BP "written loan policy" that may enlighten them.

Well this was definitely enlightening, thanks @David Krulac and @Steve Babiak and everyone else for your insights.  

I'm interested in a similar development in CA and have searched the internet for this type of information, your journal as well as the conversation between everyone has got to be the most enlightening and straight-forward education I have found so far.