Once you have selected a partner that you trust to be transparent and have pulled the trigger on a property, there is virtually no work involved unless you want there to be.

But given that you have a 10 year time-horizon and a buy and hold mentality. don't be afraid to pull the trigger and fast!

I am highly drawn to the unlimited private money that he says is  available through his asset based lending with no money out of my pocket (which is a huge selling point for me) but I am afraid to pull the trigger until I hear some unsolicited and honest feedback from someone who has been through the program.

That would be the most helpful, but I'm not sure the banks like that, I haven't asked yet...Thanks for your guidance, I feel that a multi unit should be under an LLC for protection, but am less worried if I am living there, once I move, I would need it to be in an LLC though, which I understand from your response could trigger the repayment...Thanks again,Adam

@Navin KumarHi Navin,In addition, if you Contract to FHA borrower between 91-180 days from your purchase and upsell by more than 100%, this will trigger a 2nd appraisal required by FHA that buyer cannot pay for.  

Glad to hear you are about to pull the trigger.  

So many of my investors have been complaining that the market has been too hot and prices too high; now competition is lessening and prices are normalizing and they're too scared to pull the trigger.

For me, if you are a serious buyer, pre-approved and ready to pull the trigger when we find what you are looking for, you can't waste my time.  

(This is important because when a deal comes your way that makes sense, you won't hesitate to pull the trigger while others may be on the fence about what steps to take next). 

My suggestion, once you are able to pull the trigger, is look at buying a property and placing them with a PM company to manage them.