It's either $1,000,000 or $500,000 in a targeted employment area and you must "plan to create or preserve ten permanent full time jobs."

The answer is always the same (or should be) and that is, YES, BUT IF you buy right, know your market, and have a plan and means to execute it.The "R" word is a common word that comes up, the truth is, risk can be mitigated with the right strategy for the area and the right price for the investment.What do you want to do?

I currently am employed fulltime thankfully i have about 6k in savings wich is not much would this be a big problem in getting in to this field?

Investors purchase equity in our case, but the answer could be common for your setup.

I would say ethically, if he is employed with the company that he hangs his license, he is ethically obligated to run the income through his broker.

The primer is OK for a homeowner, but doesn't address some of the most important things for actual real estate investors: how (and when) rental income and investment property mortgages are factored in, how flipping/wholesaling/other self employment income is scored.

Be certain to list yourself as in the employ of each, make a title, and a salary even if it is $100.00 monthly, something of formality.

Is the formula that you just used in your comment, a common way to do an assessment on a property that is to wholesaled?

Lots of links on the wholesaling sticky post... but working with cash buyers and getting a non-refundable deposit seem to be common themes.

2) Is it common, especially on smaller deals and smaller groups, to pay back all investor principal at reversion vs paying back as the 1st level of the waterfall?