Rich Dad Poor Dad, Secrets of the Millionaire Mind, and Think and Grow Rich are the corner stones of the path that's lead me to where I am today.Perhaps an unconventional way to start, especially with the tremendous learning curve when just starting out, on December 1, 2023, I decided to leave my job in sales of 3 years and commit full time to learning how to flip houses first hand.

Good job taking the first steps. 

As such, "closing timeline" is one term within the deal that is commonly condensed by the seller.Again, a lot of red flags, or at least cautionary items, to consider and dive deeper with.  

Commercial loans are challenging right now but variable rate / ARM are common for midsize multifamily, which might be advantageous if you're confident that rates will come down in the coming years. 

That would need to be specifically addressed in the assignment though.Now it is common that in most real estate transactions that certain fees/expenses are paid for by the buyer (lending fees, half the escrow fee, appraisals, inspections, survey, and attorney fees for the deed of trust) and certain fees/expenses are paid by the seller (title insurance, half the escrow, prorated taxes, prorated rents, deposits, and attorney fees for the deed).Now it is common that in many wholesale transactions, the contract states that the buyer is elected to pay all closing costs.

But, if you work a full-time job and spend everything you earn, you can't reliably earn more without building a business, on the side.

So not a 180 but if common sentiment is this direction, then it likely won't happen that way.

2) Divorce- family issues are one of the biggest reasons for a property to be abandoned or distressed.3) Disaster- (this could be financial, such as loss of job, loss of income due to illness or other reason, etc… or natural disaster, such as the hurricane, tornado or any of the other disasters around)4) Detention- jail, or legal issues.all of these are public records.Buyers- it doesn’t matter if you are a investor or buying for yourself, but there will be a deed.  

Vermont is one of the most tenant friendly states and the real estate laws and common practices differ from the rest of the country.

Are there a lot of competent contractors in the area that will get the job done and won’t charge a fortune?