My first 8-10 deals I intend to spend A LOT of time reviewing possible property's to ensure that I'm doing everything correct and so I can begin to grow the best reputation possible with my investors.

He says it's against HUD policy and she can lose her ability to sell (I'm assuming he means HUD homes).

I felt they have the ability to better screen tenants.

I'm seeing some growth in my 401K but much more in my real estate activities.

No, its because it shows the ability to commit to something, to take it seriously.

Unfortunately there's no magic number that experience gives you; experience gives you the ability to set your own market values in your area.

I also had a truck, so I had the ability to pick up LOTs of appliances from craigslist for pennies on the dollar.

Do-ability, if its about some system, will it really work?

Then explain that you will not charge a security deposit but you will still issue a bill to her with charges if any apply and if it is not paid you can and will take legal action.

I can't speak for her piloting skills or go-go dancer abilities, but she's a great writer and an experienced investor.I'll stay on the look out for mentors or experienced investors in the Houston area.