Then when your passive income covers your living expenses, you start to build up a war chest to keep scaling your holds and flips.

Hi @Daniel Klebba,Be aware that the biggest issue here will be in how you buy.

I post this to help motivate newer investors and make them aware that buying properties super cheap and doubling their money very quickly is possible and likely (not for self promotion in any way).Locate a market, send out direct mail offers, choose the best ones that come back, contact buyers in the market to sell the properties before you execute the purchase.

Im not trying to scare you, just prepare you. it will probably be a great deal, and all work out, just be aware. 

Be aware that re-zoning is a process and each city does it differently.  

I assume you are aware of the Due on Sale Clause.Where the bank can demand full loan payoff if title changes.

I am not aware of any title companies.

I am buying a 3 bed 2 bath attached house for 10k cash. House needs 5K in repairs and has an ARV of 45K. If I do a 75% cashout refi, for a mortgage of $33,750, what obstacles do you see me running into?

IE small mo...

It's important (not sporty) to be aware of the SAFE act however, a lack of awareness might lead folks to believe that a loan with a NOO as collateral will exempt them from the SAFE act, as many of the posts here on BP would lead them to believe, this is not true, the purpose of the money is an even bigger consideration.

My only difficulty with this is that no-one, to my knowledge at least, has actually seen an accounting confirming this exchange has taken place The class action is one that will sue for damages rather than recovery of escrow and I have serious doubts that even by winning the action, there is little chance of recovering the actual cash owed We have yet to see any form of an accounting from either the title connection, harbor funding or GCD as to any funds that have been exchanged - as far as I am aware at this time, they could even be with the title connection as they have yet to confirm in anything other than emails to agents/individuals and verbal exchanges that they have sent the money to harbour funding - unlikely scenario but again we have absolutely nothing in the form of a legal accounting document that for sure tells us exactly who we should be chasing and why.