You don't need to know everything to get started; you need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

You could build a flex-space building for the plumbing company to relocate their office and warehouse AND have enough parking and now you get 5-10K a month or more in rent. 

Rent the place and have a delta of -$2k per month I carry each month.

Some HELOC lenders require you own the property for 6 months too, so I'd recommend to check that when shopping too.  

The debtor will make $200 monthly payments until paid off.1/3 of the $200 goes to the agency, and 2/3 goes to my account and within this 10% of 2/3 goes to PM as service fee.

We rented the old house for the past 6 months to give us some time to think and now that time's up and we still don't see a clear answer.

From what HM told me, in addition to the points that his company charges (Each point is 1% of the loan amount), and the interest rates that you deal with when going hard money, the length of the loans are 6 months and 12 months, there is no multi-year loan.

I have been trying to get them to let me host the open house for a couple months now, but the broker is not cooperative and will not post the open house on the MLS.  

I think though that, part of the reason why new investors worry about the water bill being $11 higher a month than they estimated, is because they're undercapitalized. 

@MichaelNalbandianI started about 18 months ago in the Riverside area.