I enjoy IT both on a personal and professional level but feel it is not my true calling.

Someone who started from the bottom and worked his way up, a true success story.

These are the only assets at risk if you are able to get a true commercial Non-Recourse loan without any personal guarantee and I believe that is the intent of the original poster, sheltering risk and liability of his personal assets.If you take out the loan personally and then put it into an LLC and have some credit issues popping up while you are putting it into the LLC, then there is a possibility that the creditors can unwind that transaction and get to the real estate property's equity to cover their debt to you.

I'm hoping this down turn will help create more motivated sellers and when I present a take it or leave it number based on operations they will understand the true price.

I think you're right about the true carrying cost for the 6 months.

Though you didn't say where you are from, these general rules are likely to be true.

I used my credit card to buy the cheapest package (2 advanced courses + software), and I just attended my first class about a month ago.

Dealing with bozos.Not flakes but true bozos.Flakes tend to be people who are naive or somehow over promise and under deliver.Bozos to me are the folks who are out to do damage.

When someone first signs a lease, we give them a gift card to a store or restaurant of their choice.

I've decided to purchase all cash with my own funds (HELOC currently at 5%, about to go 4.5% if what everybody's saying about the Fed's next move is true).I will definitely ask the escrow company (is that the same as the title co.?)