You could pay for some very costly mistakes or you can invest in your education and possibly shortcut the learning curve by learning from others.But of course, try to get more educated in books and forums with RE investing then wholesaling in general before jumping into any programs.

I got out of the military (9 yrs AD USCG) last spring to pursue my education.

Tomorrow I have four hours of driving and I'm excited already to be educated by some great people on my passion!

It worked out really well, and years later I was able to leverage some of the equity to help buy my current house in San Jose.   

There is still a lot that can be done while you're preparing: Educate and network

Melodrama aside, I have about $30k (potentially more), and am hoping to learn all that I can about rental properties and fix/flips, in order to make sure that my first deal is both an educational experience and a financial sucess.

I’ve asked after a year of seasoning will they consider the appraised value since we will be repairing the property as we go- I got a maybe response.I’ve read that many people prefer interest only on seller financing and I’m just tying to understand why...If you are someone who is very comfortable with high amounts of leverage, then interest only is okay, but I am a little more conservative.

And this will change drastically if you are buying leveraged or un-leveraged.

These were all reasons I was scared to partner with someone, but have learned from BP partnering with someone smarter than yourself is the best way to further my education.

I would absolutely get a couple of experts to look at the foundation and provide some education.