So seems he's basically recruiting people to be hard money and bridge lenders in a variety of contexts using his own capital to start with (after they pay the membership fees) so it does seem like it is designed to work for people right up front for the first few deals he is hand-holding you through, but I have a lot of questions about what happens when deal flow or membership slows down and who exactly is left holding the bag.

There are dozens of due diligences that have to be looked at on getting to a real starting number. 

Chattanooga is bustling, Steady yearlong traffic, new housing developments going up everywhere you turn your head, countless jobs being opened in this region, new highway construction to widen our 3 lanes into 5 lanes, a new MiLB stadium in the works, and many many more things.

Start with BiggerPockets Ultimate Beginners Guide (free).

I fully support your recommendation to get started early with some kind of tenant management software.

Start attending local meet ups.

Since there will be many investors who are not willing to sign an exclusive agreement I suspect we will start seeing realtors rewriting the contract so that they get paid by the hour rather than by commission.Has anyone else experienced this?

Phoenix, AZ has been a great market for the past 10 years, but not so much in the past two years, as supply has really started to inhibit price and rent growth.

I am a local Long Island Real Estate Agent covering everything from investment opportunities, development opportunities, home selling, home buying and everything in between. 

The development they've undergone since I started using it has made me a user for life!