We share this 411 at every new agent orientation, it's rather basic info.

A basic set of subscription docs will cost you, typical $10k+ at least for the first deal.  

With the lower price point rentals, you basically just tread water.

Hello Sham, the fact that there is no lease agreement is really rough because that information is basically always in the lease. 

You should download the lists of properties, research a few, attend online or person, and learn the basics.

I don't require my agents to join NAR and in fact dropped my membership when I opened my own brokerage.If the situation made sense, I wouldn't necessarily require an agent to join MLS, but it's such a basic tool of the trade, I can't imagine someone who is active in the business going without it.

Just a heads up: Windows Defender, the basic one installed on your personal computer, is good enough for personal usage.

I have this theory that basically the stock market can grow faster than the fundamentals more so than housing, reason being when people put money into their 401k or whatever they are just throwing money in, not looking at p/e or whatever, the stock market is in part just an index of Americans excess savings plus it’s a unstated policy of the government that stocks go up, where as housing people are obviously very very aware of how much thier monthly payments is/ how much rent is, plus it seems that is actually a push to lower housing prices at least relative to inflation.

You basically echoed my internal conversation.

Understand the basics of private lendingResearch real estate marketsDetermine your investment strategy and criteria for loans, including:- Amounts- Interest rates- Repayment termsCreate legal documents with a lawyerNetwork with real estate professionalsPerform due diligence on potential borrowers and their projectsBegin with smaller loans to gain experienceMonitor your investments closelyConsider joining a private lending group for additional resourcesStay informed about real estate trends, lending practices, and legal regulations