Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

The capital gain may be eaten up by those with a 10% pref, and you get nothing else. 

The Ultimate Guide to Prospecting Pre-Foreclosures: Do's and Don'ts Revealed Are you interested in buying pre-foreclosure properties but don't know where to start?

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

In our view, experience and integrity are by far the most important parts of any private loan.

Try being an agent, your phone number is EVERYWHERE and you get targeted by a whole industry that wants to sell you the latest gimmick.Here is what helped me.I answer calls and when it's a telemarketer I will interrupt them and say very friendly (because I don't hate the poor person who gets paid to do this and coached to be ruthless): Hey, so glad you called, can you do me a big favor? 

It will familiarize you with the basic terminology and benefits.

I have only been doing this for 5 years but what I have learnt is that it takes money to make money.  

Do not communicate with the tenants except as advised by the attorney.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.