Pretty much any time the tax code uses the word "individual", it means one human being (unlike "person", which usually includes other legal entities). 

No, the vast majority of business's, including service business, start-up's do NOT clear profit day, month, quarter, year 1. 

Under the definition of private lender you proffer we would not be included at this point, despite the fact that the borrower is getting almost exactly the same thing as when I was lending only my own money.  

You do that because that 35% includes the cash buyer's profit on rehabbing it along with holding costs and other things.

These people include:@Dave Short@Shawn Holsapple@Ryan Mullin@Will Hull@Brett Snodgrass@Stephen Barton@Don HarrisAccount Closedand many more I'm forgetting at the moment.  

It appears the units are below market, however with some cosmetic repairs and perhaps some capex's I feel I could increase the rent by at minimum (based on local comps) 68%.I would offer 85% of list and estimated $20,000 in repairs/upgrades (this is probably a generous estimate - the property appears to be in good shape, basically needs a face lift).With all these figures, including the 50% rule, financing with 20% down @ 3.5%, I come out to a profit of $262 per unit and a cash-on-cash return of 9.53%.So, does this seems reasonable?

The the lowest downpayment FHA loans allow is 3.5%), so I would need  $ 7,000 cash not including closing cost.  

I believe the total cost of the course was around $600 which includes the year long access to the course, and two textbooks.

Offline includes doing yellow letters, post cards, bandit signs, news paper ads, etc.There's an abundance of material on BP regarding all the methods I've mentioned, so just type in the search box which method you'd like to learn more about and learn that method really well before trying other forms of marketing. 

This includes economists with Ph.Ds, some of whom may very well be netting $1bn and drinking with Buffett, in which case we should ask why they are posting about it on biggerpockets rather than turning that $1bn/yr into $2bn/yr.If on the West Coast, a short-term day-trading predictor that is >45% but <60% accurate is the 10 year tnote.