I have recently got my license in order to access MLS as well as educate myslef.

Highly recommend for MH education.  

I'm a Broker of 20 years in AZ and teach real estate school and continuing education here, as well.

I understand the rate rises after the five year period, but my question would be is that If I would be acquiring equity at that pace couldn't I just refinance once the 5 year period end approached.

I understand that we have our own risk tolerances, but it seems impossible for us to invest in rental properties that generate supplemental income because of a low-risk tolerance.Perhaps it's a big picture discussion and there will need to be compromises from both sides but I wanted to see if anyone else has had to educate/convince their spouse of the benefits of rental properties.Thanks for your insight.

Who is fully vetted, qualified as above, is first, IMHO.We also give them a 3-day time period for signing (we do most leases by e-sign, so there really should be no reason for delay). 

lots of rabbit holes out there and what I call due diligence pump and dump scammers.. prey on mid level developers who have never gotten one of these loans.the borrower falls for the 5 to 20k up front fee to perform so called due diligence and the so called lender never closes.I have seen colleagues of mine blow through 100k looking for CHEAP money when they should have just under stood this kind of money in the Private equity world goes out at 10 to 15% apr period unless you have a local bank that will do it like I do. but even then its one project at a time and uber cautious.. they don't want to go back to the bad ole days were they ended up owning pipe farms.. and they generally will only do these with who they determine are their top tier clients.. you cannot in our market be unknown to the bank.. unless your have that monster balance sheet.but in my mind Socal is ground zero for this kind of money.. 

@Alexander...I enjoy reading your blog because it's very real while being educational.

During the payment period, how can I ensure and guarantee that the land is clear and will transfer to me once balance is complete?

This type of education does not come for free to you since your mentor has paid for his own education over the years.2.