As a new investor, I will do everything in my power to minimize the mistakes I make, but I've accepted that I will make mistakes!

It sounds cliche but chrystalizing what you want your world to look like is powerful and will allow you to make the Hard decisions and push on when things dont go your way!

There are some lenders who have NO seasoning period and you can power ball out of a loan the next day if you wish.

(try Power Prospecting)Get the DEAL and the TEAM  will materialize.( Controlling real estate with a skinny contract is a powerful leverage tool.)So when you talk to a title company - all they are going to do is quote you a price for settlement based on your contract.

We have purchasing power right way .

Freedom to go on with life as you desire.3. 1031 & Convert to Personal Residence: You can later (minimum 1-Year, Desired 2-years - consult Lawyer / CPA), convert to Personal Residence WITHOUT Penalty.

So a very important question how strong is your borrowing power.?

You need a power of attorney to contact the mortgage company and insurance company.

So you can imagine that living in Maryland, the land of $400k 40-year old townhouses, as I read about these little homes, my mind is painting beautiful pictures of free and clear home ownership, with all the magical financial freedoms that entails.As @Doug McVinua very rightly points out, getting permission to build this house in the US may be very difficult and costly.

In his last book Robert stresses continued education on financial freedom and whatever you choose and attempt to find out if they will help you and they just are not trying to sell you something you do not really need.