It's the ones who get those internet forms and try to do things themselves who will miss these types of issues, making it all for nothing. :)

We tried using Google docs, but found that it works best with a solid internet connection and not on the road with a smart phone.

According to an article from MPAMag.com, lender’s profits have been affected by the high costs of compliance that have been mounting since 2008.According to MPAMag.com, “Production expenses in the third quarter were the highest recorded since MBA began keeping statistics in 2008.”These high compliance costs are passed on to the borrower and have substantially increased the overall cost of borrowing.

My goal is to get a maintenance guy to handle all my needs on the property, until then i'll be doing most of the work and getting a certified guy (electric/plumbing) to check my work which will save me in the long run.I haven't been on Bigger Pockets since because of how busy I am, but I do listen to the podcasts and articles from the email but you will get all the info you need from this community.

I'd say the best role of a mentor is the kick in the tail that many need, getting them past newbie paranoia, moving to act, getting involved and providing guidance and answers as situations pop up.Actually, my thoughts to education are along formal educational lines or settings such as classroom, seminars, even internet and one-on-one instruction.

You can rent by bedroom including the utilities cable and internet and get 2-4 times more rent.When looking for a Property Manager go to IREM.org search for ARM certified call and speak to several.For funding go to a local bank and meet with them to discuss strategies.

Here an article about a tower in SF around the corner from my office that is selling for a 3% cap rate, even at 90% current occupancy (not a lot of upside on lease-up, so has to come from rent increases and appreciation..).

Stay away from podcasts, internet posts and other internet materials with non-lenders (private lenders and HMLs not included in this as they have few regulatory experience dealing on the "commercial" side) that address these Acts.

Do you have an article or something you can point me to?

It's on alot of things, from TV to some internet videos I watched.