Where I am $40K would be enough for a down payment on an entry level (saving some for closing costs).

Know what the trends are (inventory levels, active listings, pendings, solds, etc.) and learn how to evaluate rehab costs.

However, we just got the inspection results and the mold results came positive with High to moderate levels of SMUTS, PERICONIA, MYXOMYCETES - MODERATE TO HIGH LEVELS OF "OTHER" SPORE TYPES PRESENT INDOORS.The sellers are willing to work with us but we are afraid that even with the mitigation this will affect our re-sell value or potential lawsuit if we want to rent the basement and the mold re-grow.Please advise, should we get out of the contract and keep looking we are worry and frustrated at the same time.Thanks!

If the broker doesn't have a deep level of experience placing debt on mobile home parks, you could be in for a lot of brain damage and promises that are not met.

So it's really up to your comfort level.

The thought is that with current monthly income levels I would not be able to qualify for as large a loan as I would like (trying to purchase a mutli-family property), so maybe the promise of subsidizing this with monthly payments from reverse mortgage would give banks/lenders a bit more peace of mind to qualify for a larger mortgage?

There is such a wealth of information on this website, its books and podcasts that you can learn any strategy you want on here. 2) However, some masterminds have great reputations and are very rewarding to top performers looking to connect with other top performers and push their personal growth and business growth to the next level (essentually like a coaching/mentor program). 

I don’t think that there is a crash coming but it has to level off at some point.  

However, depending on your resident state and the asset level states, each state might charge you fees or even require tax returns for your LLC in addition to annual registration fees. 

The lender is discriminating based on risk; the risk that someone that can't show stable employment may have a difficult time repaying her loan, but this surely doesn't rise to the level of illegal discrimination.