While there I learned some key concepts that helped me learned how to underwrite properties, structure deals and identify key sources of equity.

I am listening to podcasts and reading the forum & blog to familiarize myself with the concepts and terminologies. 

Currently I pick up all my rent (this worked fine when I was starting out).So here is the concept I have come up with .Give tenants 3 options to pay rent .1.

The 100% answer in this concept depends on your plan docs. 

What concept is the operator wanting to open?

If you understand the concept and have any kind of hustle in you, you can make this work.

Read as much as you can- Educate yourself on the basic concepts and there are plenty,- legal, financial, construction, management, land lording etc etc etc.  

BrianNotwithstanding the math, the concept is the same, if you are interested in cash flow as your goal, think MF over SFR.

There is a bunch, of meet ups, and everybody was once were you are, learning and starting out, we all never stop learning, I can feel you in with the Meet ups hopefully somebody will since i hardly ever attended, but if you have any other questions feel free to shoot, meet ups is a great way to start networking and learn ideas and concepts. 

@Chris DeSisto - I would do this differently.FIrst of all, I will rent the property from the seller as a simple rent to own with the right to sub-lease.