I'm not Joe nor do I have his level of experience, but I believe he's referring to the fact that in order to get the most out of all the equity you've gained, you will need to sell and use your $150k to purchase $750K of property while maintaining good cash flow.

Also, good income can demonstrate that they are capable of attaining a higher level of achievement which comes into play when I teach them how to do their financial calculations.3) They MUST learn all the Financial Calculations and can put together a 10 Year Business Plan.

But if you do then include the estimated cost of monthly utilities into your rent that these companies are paying.You can write that tenants should keep the AC at a certain level but there's no guarantee any of them will do this. 

@Jameson SchwabThat's a great data point regarding the level of interest.

Being compassionate and helping people is wonderful, but do your good deeds on a personal level separate from your business. 5.

We usually have 25+ people come with all ranges of skill levels from wholesalers, agents, newbies, people with 100+ mobile homes and people with thousands of doors.

I’m curious to hear everyone’s mindset regarding obtaining insurance for your fix and flip LLC and coverage levels.

I was hoping there'd be some type of "bootcamp" I could sign up for without having to go back to college to get a degree, or to find some entry level position.

You can assume some level of turnover and use cash for keys to increase it, but then you can put renovated units on market at higher rates and drive value.You can't do that here.

Of course he will need them not to use any stairs for a week because you don't want them walking through a construction zone but it might be only a few days for a stairway and then most of the work is on your level.