He is not answering calls, texts or emails and is extremely upset by the divorce and blames everyone in the group.

I have been nothing but determined to get into real estate the more I listen to the podcasts and the more I read the forums here but at times feel overwhelmed when looking around, and am concerned about buying in an area I know little about.

Again, not mandatory but seems to be more common as the concern increases about the health issues related to cesspools.Mark

My biggest concern would be that if you focus on the roadblocks, that is all you will see.I'd encourage you to focus on the ways you can make money in real estate.   

Brad Orpano if passed it means they’ll get rid of requiring banks to check income on loans if they’re under a certain asset level, meaning we’d be that much closer to extremely lose lending financial conditions again

That's a very real concern (definitely one I had when I was starting out).

If your concern is positive cash flow, you are typically less concerned about when you pay off your debt because the goal is the positive cash flow.

That is the portion of the deal I'm concerned about or better put unfamiliar. 

It is extremely informative and will give you a lot of learning in financing, how to evaluate deals and how to setup partnerships

But, after having taken care of that immediate concern, it'd be even greater to then be able to get a regular 80% LTV cash out refi (after whatever seasoning time is required) on the very same property, because that would allow them to include the equity they've added, whereas that added equity (added via performing the rehab) is apparently not able to be included in the Delayed Financing's LTV.