And in order to make sure that my time is well spent on properties with a higher chance to provide cash flow or wholesale fairly easily the plan is to mail to 4 plexes in the areas that i personally would like to live so that i can buy the property that i can get under contract on an FHA loan with 3.5% down.

I did not get the feeling that many people knew a substantial amount about the process but the "guru" did give a fair amount of professional resources(bankers, lawyers, etc).I think if you really dive into it you would know much more than the average person who hears how cool it can be and goes to a few seminars.

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.

I'm not familiar with the area, but from my own research I've discovered that the area is prone to flooding and is also fairly close to a housing projects.Looking for some guidance on whether I should be concerned with my own findings, or if the area is still a solid buy regardless of the location.Thanks for the help,Matt Smocovich

This is a fun topic for me, since I'm an architect and this is a hot topic for discussions it gets brought up fairly often by clients. 

If you are part of the active operating team you can run a small business or work in the corporate world while doing your fair share of the work too.Hope this was helpful-Dino

How much is your property going to appreciate if land is cheap and in high supply, labor is fairly cheap and regulation/zoning is nearly non existent?

This means you can't have a balloon payment though unless you are willing to gamble on appreciation.2nd, you could make an offer for 250 with a clause saying that the seller will get their other 50 when you sell the property, or some variation on this.  

I am a fairly new real estate agent who is still learning the ropes.

audible seems like you're best bet but its fairly expensive in my opinion for getting only one book a month.