.- I could easily put down a cash down payment and given my wages in Los Angeles, if need be, pay the mortgage when it is not being rented.- What are the potential problems other than not being there in person 24/7?

I have purchased and read quite a few BP books, but I'm having trouble figuring out how to "put all the pieces together" in my mind.

Or if you'd like me to put an offer together using the TREC forms, I can do that as well. 

Shoot me a DM.I put in an offer for a home with a clay roof.

Assuming seller had to put 20-25% down it seems like almost zero loan pay down.

I've listened to enough podcasts to KNOW that I have to build the team first before EVEN putting a contract on a property.

Then I would find something you are good at and put away as much cash as possible to buy your first property. 

And they're starting with a lot of construction industry experience, most of the time.I'm not saying it can't be done;  just be prepared and financially able to put in more than you expect to on day one.

. $300K as I put a hefty amount down through that 1031 exchange).Current offer on the table proposed by my broker:$600K Purchase price7 year lease with option to purchase within 3 years for an amount equal to $600K less what they would have otherwise paid in principal under under a 7% loan for the same period). 

One bug report and one request:1) LinkedIn account link feature asks for the full web address, and then puts it in the URL twice, which returns an error.2) Can we add "Asset Management" to the list of Software > Specializations?