I have read and watched a lot about it so I have surface understanding of how it works, but I feel that I do not really know much about details like tax implications , among other things that could influence my decision to start investing.

If the tenant does not pay and doesn't make a payment arrangement with you, then you proceed to evict like any other nonpaying tenant. 

Why would they lend it to people who may or may not pay their mortgage.And if you claim the real estate "market" is going to rise then you have a lot to learn as there is no "market".

Been looking at a structure which will be optimal for having a portfolio of rental properties, financial investments, and all the other general life stuff, which will assist in asset protection, as well as tax liability etc.Thoughts on this?

Even with this decline, nearly a quarter of buyers are still paying in cash, which shows strong confidence in the market.Median Sale Price: Here’s a silver lining—median sale prices rose by 4.1%, reaching $640,000.

Despite this, nearly a quarter of buyers are paying in cash, showing strong confidence in the market.Median Sale Price: Here’s some great news—median sale prices went up by 5.5%, reaching $657,000.

I have the time but not the money right now, if I can find a good deal for someone is it possible for them to pay me?

Amy you will get your EM back.. so inspections you will not.what could you be paying interest on when the deal has not closed yet?

He says he doesn't have to pay us capital expenses because we didn't actually pay that, the previous owner did.

What did you pay for it, what is it worth today?