Btw, since I'm inspired by you're ask, I'm going to call Mark Cuban and Barbara Corcoran to come out to the Summit and help us raise some money for Duc Son Orphanage, and see what they say :)Maybe I'll also go on a hike and get some exercise ;)

A very mutually beneficial exchange of time, exercise, and knowledge.p.s.

You can also attempt to locate and then tie up potential replacement properties through putting them under contract with an extended closing period or tie them up with a lease with an option to buy so that you have control over when to exercise the option and close on the purchase.

Or, a question I'm even more interested in: assuming you haven't yet done that exercise, and given you're all in on scale of rentals, how have you approached this to get enough confidence that it'll work out well for the portfolio you're building?

I am happy renting for now :)I am completely new to real estate, and have never invested in real estate (or REIT) myself.I am looking to use Bigger Pockets to enhance my knowledge and even invest once I have acquired some knowledge.My short term goal (1-1.5 yrs from now) is to start by buying a studio/1-bedroom apartment in either San diego or Atlanta.By buying, I am talking about taking a traditional mortgage by doing 20% down and taking a home loan on that.

Do I need to quit exercising for a period of time?

I have done a lot self improvement seminars and exercises and one thing I do very well is set up my goals 1,3,5, and 10 years down the road.

So I had an instant positive cash flow.Next, the option price was for the mortgage balance at the time of purchase. 18 months later I exercised for 25% under market value.

Mortgage lenders will typically use your middle score of one of the mortgage enhanced scores. 

I am in the process of enhancing my underwriting skills/knowledge and I am looking for a good Commercial Real Estate underwriting model and training and would like to hear which one is your preferred one with the best cost/benefit proposition.