Don't do what your friends do- don't finance an expensive car, don't go into consumer debt to "flex" on Instagram for your friends, save your money and live frugal.

.), the CFPB/Congress exempted adjustable rate reverse mortgages from the LO Comp rule, meaning that with basically ONLY these types of loans, can the loan officer get paid more if the consumer (your elderly grandpa...) accepts a higher interest rate or worse terms/fees/etc.

As far I understand it, the IRS will not engage because it is more costly to them and time consuming.

I have a small-ish amount of consumer debt ($10,000) and not nearly enough capital saved.

It's great that you are consuming a lot of content on investing and that we live in a world where that information is readily available.There are many different ways to invest and locating a niche that you are passionate about is a good first step to determine if flipping, renting apartment buildings, renting single family homes, renting commercial, airbnb, or any other option is where you want to be. 

Rent trailer parking $100/mo, garage storage $400 a mo, etc. 3) Rinse and repeat quicker (although flipping will just become your job like it did mine . . . it's stressful and time consuming - I swear I've been doing reno's on properties I own for 10 years outside of working full time and now raising a family).With a 500k PP if you are looking 1 - 2 years out don't hold you breath. 

Junk bonds, corporate debt, consumer debt (3x worse than  last crash), pensions, etc.

It's a very simple concept that few people understand because reading is laborious and most people don't like to consume that much content. 

If you know any CPA's, they could likely do the work for you because it is pretty simple and straightforward work - problem is that it can be very time consuming.

Even though I only operate part time and by referral, It becomes difficult to want the best 'investment deal' for my particular situation but according to RELRA, I have to present them with a Consumer Notice acknowledging my duties as an agent....