Also I think it's a great idea you wrote him a letter sometimes its just that easy and what do you have to lose, I think if more people would get out there and take action like you they could make things happen, ok ill get off my soap box now.

I plan to go full time once my rental properties put out enough cash flow so I don't have much to lose!

I don't really have the money to spare, but I certainly can not afford to lose any money on a bad deal.

So be being in the homes business at those numbers, he has the privilege of only losing 1,160 on each home annually ( again an example for perspective ) . 

Especially because I do not want to lose the momentum and motivation I've built up so far.

I just went Pro on the sight because I'm ready to work past my analysis paralysis and truly kickstart my investing.

Consequently, you stand to lose some level of control. 

@Gabriel LazcanoYou can lose all the property. 

Llpeng...I congratulate you for recognizing your "new", but I must caution you about believing you can ask a few questions on this site and will gain enough knowledge to keep from getting sued or losing money.  

Not only you would not achieve your promised yield, you would likely end up losing all of your capital.