I am also a Private Money Lender and I finance well secured real estate projects using my own money along with a few colleagues which result in passive income and amazing returns.I continue to be open-minded to new information and I’m committed to keep abreast of new, up to date techniques and investment practices in both real estate, private money lending, business rules, laws and regulations.Always...

This can get very complicated very quickly, especially with multiple members in multiple states.

@Omid RabbaniBusiness valuations are much too complicated to answer in a straight $xx.  

Why start your investing life with a complicated deal.

As long as it is in livable condition you have a place to live and can charge other students dis count rent to pay down the mortgage (it's obviously more complicated than that but it's a solid starting point).Good luck and congratulations for starting so young...!!!

@Ali Boone,I appreciate the blog link and thank you for the valuable information you shared.Numbers can get real complicated real quick and things become overwhelming.As a beginning new investor, I'll be using this simplistic approach as I go forward.

Search the net for comments about those courses, you will find some very interesting comments.May I suggest you order this book; Real Estate Exchange & Acquisition Techniques by William T.

This is the technique I use for showing my rental properties and I think this apply to your potential wholesales as well. 

I have used this technique a couple of times just to show police presence at my property after it was vandalized.I would also suggest calling your insurance carrier at a minimum to see what coverages may apply to you.  

I had one attorney tell me it starts at $3500 and goes up from there, depending on how complicated it gets.