A foreclosure afterwards does do some further damage, but the majority is already done.If the property sells at the foreclosure auction for more than the judgment amount then they would get the balance, assuming there are no additional liens..You will hear a lot of untrue and exaggerated claims and ideas in guru “training”.

What if you come from the mortgage servicing industry, or like a bank.

A CPA who services the real estate industry will likely be familiar with the various strategies within the tax code to help limit your liability.

I have not attended any meetings yet, but it appears they do training sessions every Wednesday, and usually do a house flip tour every Saturday. 

If a lawn service would charge $200 to do the same work, then $200 is the number.

Our licensing "training" does not spend a single minute on how rental income works in the mortgage math, kind of like if you could become a nurse without knowing how to give CPR or something. 

Users searching for your competitor either already have an account with them, or they are conducting research, and comparing pricing/services between property management companies they are considering.

And the service sucks. 

Of course, this all depends on my particular situation, but is there any general advice you can give me to help me get this real estate train rolling? 

Hey Tony, I'm in the process of becoming a lead paint inspector in MA (currently in my apprenticeship after passing the state test and training) and I can help you with the lead paint laws in MA.