I asked a question - a question which, by the way, gave you the opportunity to preempt a possibly incorrect course of action - and you lost your cool.You seem extremely angry, Bill. 

The number one reason is usually financial problems, there are other reasons of course, so why don't you tell me yours and maybe we can come up with something that will satisfy both of us.

Thanks for the great info, you've been extremely helpful and kind with your knowledge!

I think I'm going to have an extremely difficult time finding a property that can be turned into a buy and hold rental in the Denver metro area (where I want to live).Pros of this strategy - I get experience in the requisite types of construction that will help me out when estimating repair costs in future investments AND I won't have to settle for a property that almost certainly won't meet the "2% rule" (or likely even a 1% rule).Cone - This is no longer a passive investment.What do you guys think?  

In our case, that's at least $400/month.Part 3 - If you use a combination of Steps 2 and 3, it must satisfy both steps 2 and 3.In summary.  

I am extremely excited to announce that I have completed and passed the Real estate Exams for the State of Arizona and now a Licensed Real Estate agent. 

My investor does not shy from the price at all, he calls me 3 times a week asking for high price deals, I got extremely lucky this week with 2 calls for houses over a million dollars.

I expect that a lot of new portals will spring up in the coming years that specialize in these types of exemptions; especially in the more populous states like Texas and Georgia where there would be enough investors to satisfy promoter demand.  

Their claims process is smooth so I'm satisfied.

SBA lenders won’t allow a second mortgage.Maybe the buyer’s down payment is a little light.For example, the tenant pours $125,000 into upgrading the property, but when it comes time to buy the property, he lacks the 10% down payment in cash needed to satisfy the SBA.