I have personally experienced returns like these.

If you know what you do and why you're doing it, there's no need for the bad and the ugly, which I personally haven't experienced.

Has anyone been coached by him and what has your experienced been?

I understand the difficulties and headaches of this business.

You will get much further in your search by signing with somebody experienced in the space.

With actual cash, you just transfer it. yes, but you can still bid with lender approval - without appraisal contingency - you send in deal (app), it gets approved by lender its functionally the same as cash (except in true lightning speed situations where there is a quick auction with little time to prep but thats generally pretty rare I'd think)Right, but that's not cash or functionally the same as cash because the lender can change the terms at the last minute, as often happens with less experienced hard money lenders.

Building a strong network is key, and you’re definitely in the right place to connect with experienced investors and learn from their successes (and mistakes!) 

FHA loans only require about 3.5% down, so it’s a great way to start generating passive income while keeping your housing costs low.If you’re leaning towards renting for now, you could still invest by looking at fix and flip properties or even partnering with someone more experienced to get your foot in the door.

You should take advice from experienced people here who have not motivation to lie to you.

My lender suggested moving a multi-family from my personal name to an LLC immediately post-closing via quit claim deed. Does anyone have experience with this (even better if in Chicago)?
According to the City of Chi...