Does having no money prevent me from some types of loans?

There's nothing better than "proactiveness" when it comes down to Real Estate; we all agree that prevention is much better than cure aka "an ounce of prevention is worth a pound of cure".

However if it is already a 2 unit property, there may be zoning restrictions preventing it from going to a 3 unit property.

Sounds like you had your license and that knowledge clearly didn't prevent you from problems. 

That would probably prevent someone from stealing your photos.

The condo association might also want to stipulate what kind of business you run there with the sale of the land (in an effort to prevent you from opening a noisy bar or medical marijuana shop). 

So you get to withdrawal when you need it which prevents you from paying interest on money that you're not using yet.www.valuepenguin.com/cash-out-refi-vs-home-equity-loan-vs-heloc

I'd rather just see them learn to properly use grass roots estimates that they then validate then attempt to short cut around them ... then, when they get a ton of transactions under their belt like Joel, then they can understand which short cuts they may be able to use, when, why, and most importantly when not to, and even seasoned veterans get burned on bad assumptions from time-to-time so even then extreme care is needed.

If you trust in Yahweh with all your heart, and lean not on your understanding, if you know Him in all your ways, He’ll make your paths straight and there is nothing you can’t do.”I’ve done this with both of my children since they were born.It wasn’t until recently that I knew these words had taken root deep within their souls.

The owner showed up and was able to educate me on how the roots would grow through the pipes and they need to be cut out every couple of years.