So many don't do this but I personally think it's important to know what you're earning on your MONEY (raw hands off cash flow) as differentiated from what you're earning for your TIME (management). 

I could just as easily listed them myself or my wife as we owned them all.. but I would give those folks a chance to learn and earn..

It's not paying for a mentor per se as they help you with deals and you can earn while you learn.

And then, after you've passed all that and have your license, you'll have to find a broker to work under, and he or she will have you become a realtor (usually another $800 or so a year, between realtor association fees and MLS fees).In summary, you'll end up paying about $1,500 now, and you won't have earned a dime.  

I prefer laminate in my rentals because it looks better, lasts longer, is easier to clean, is cheaper in the long run, and is a desired upgrade for most good tenants.

The penalty fee is the same regardless of how much time has passed since the auction, so the investor can earn a 25 percent profit in two days or two months.

Your risk tolerance, and desire to deal with problem tenants will dictate whether you want to invest there.

If investor is more sophisticated he can invest in 1st trust deeds at 65% LTV and earn 6% to 8%.

Percentages of the ownership, percentages of profit split and percentages of preferred yearly returns all depends on projected property’s performance and desired return for investors.Good luck,George

@shanel, To protect yourself as a tenant buyer, I would first go down to a mortgage loan originator with a 1003 application which is a standard federal mortgage application, and ask him her how does my credit,  income history, FICO, debt to  earnings look to you?