When you sell a piece of real estate you will recognize a gain but the associated tax and reporting will come with your next tax filing.  

I was also a National Wood Flooring Association hardwood flooring inspector.

Or maybe im reading it wrong and the money you borrowed wasn't from an investor (hard money )For example, these are some of the cost associated to close on a property down here:Loan Origination Fee: 2% of whatever loan amount agreed toLender Origination Fees: total of $885 (underwriting, administrative, tax servicing, wire)Attorney Fees: total of $575 (mortgage doc prep, title review, courier, closing coordination)Walk-through Inspection Fee (paid outside of closing: $150Tax Escrow: There will be some held at closing in order to pay taxes in November.

The other benefit of an umbrella policy is that the policy will cover most if not all legal fees associated with a lawsuit.

Make the letters very short w/o any threats or formalities e.g.

This is going to be a cheap plug, so apologizing up front, but have you ever thought of associating with a national company that can shorten the learning curve, provide motivated seller leads, a system to simplify the investing business, and funding to flip properties(if needed)?

My having an MLO license is solely for the purpose of brokering notes or purchasing/originating notes of my own, wherein my real estate sales associate license is not in any way in play.Is this making sense?

After rehabbing costs (you will be inspected by a HUD inspector, and have to meet minimum living standards, which are not that minimum), assuming a 10% vacancy rate (not really a vacancy rate, but more like a "tenant not paying full rent" rate), plus associated costs, my CAP was in the red. 

I would prefer to  put around 5ish percent down so that I would have more cash to work with when life happens after paying down payment closing costs and all the fees associated with buying a house.

@Greg LeachCheck out you local Association of Realtors website.