In my case I can make 75% to 80% LTV loans on fixers with reasonable risk level, because if the flipper fails I know how to solve the problems and get all investment money back.

I agree with your comments that mortgage reits are vulnerable to rising interest rates especially if the financial reits are leveraged.Just as the energy sector (nat gas, crude oil, agriculture) are beaten down, I think that the Financial reits are trading 21% below book value and the reason for this is the rising interest rates are already priced in causing these reits to trade at such distressed levels.

From the windows, I saw there was a big mess inside the house: very dirty carpet; old and dirty furniture randomly stacked on each other; all kitchen cabinet drawers were pulled out; no clothes, dishes or food, no any sign that someone lives there.

After finding out that it doesn't work like Jack's magic beans, I invested in mentoring from a professional who got me started at a whole level beyond the back and started the cash rolling in. 

I want to start to learn, network and ready myself for the next level so I'm well prepared.

Any real estate activity you are involved in creates a certain level of liability for your broker even if it is across the border.

The AMO means the company has a certain level of standards and must also abide by a strict code of ethics.

Your level of expertise is what I aspire to operate on.

Not sure if such a book would exist for real estate investors, but I would be open to any type of book that can give useful information and tips on talking to motivated sellers (or sellers with any level of motivation).

With experience as a Mortgage Banker in my past, I naturally have real estate conversations with my clients and think I can provide a whole new level of service to them by having duel registration as a Financial Advisor AND a Real Estate Agent.