Full disclosure: Yes, its self serving advice I just gave you but it's still true all the same.My favorite areas are the most populated ones like Mcallen and the dozen cities that surround it to form one big metropolis.

True private money is friends and family, so network a lot and pitch your ideas.Good luck!

That's not a bad thing, but rather it's a bit scheezy of these brokerages who say "you keep everything" when that's simply not a viable business model, and not true.

It can be true, but remember lower price just attracts customers who are cheaper and odds are good you end up in a lower margin business. 

Not sure if this is true but someone told me that I  can purchase my first house with a second home loan even though I don't have a primary home.

These are usually that the property is low priced and licensed brokers aren’t interested, the property needs extensive rehab and the typical MLS buyer is looking for a move in ready home (although this is no longer true in major markets), the seller is anti social and can’t deal with brokers and buyers and the wholesaler can account for this, or the seller is naive and thinks he’s saving a commission.5.

Even Clayton Homes is moving away from gray toward a true beige in its model homes. 

He said it because it is true.

However that 1-10% that get really pissed when you try to back out will take your contract to a good attorney who will beat you silly with it and wished you had used the standard one that is tried and true.   

While everyone is talking true investing or running a RE related business, for most people the biggest single step they can take and take easily, is buying their personal residence.