So far I've read Frank Gallinelli's book - What Every Real Estate Investor Needs To Know About Cash Flow...And 36 Other Key Financial Measure, and Brandon Turner's book The Book on Investing in Real Estate with No and low Money Down. 

This inspired me to take action and I really felt like REI was a great opportunity to create passive income and achieve financial independence.I have minimal experience in real estate (purchased a townhome in early 2017), and I would love to meet people who are like-minded and learn more from your experiences.

The real inflection point comes at around 75 at which point it makes financial sense to hire on-site property management.

Under the circumstances it's not like you're going to execute a contract with the seller and assign it to your buyer, so you may want to work out a partnership for these potential deals... in advance of the meeting.

Is anyone familiar with Martin Eislerwith Professional Financial Associates or PFA.com that offers Loan Broker, Money Broker, Mortgage Broker Home Business Training????

You just came through a messy divorce situation, so don't jump into a bigger mess by taking on the risks and responsibilities of owning real estate until you're on a better, more secure financial foundation. 

I am wondering more from the financial side.

I know silly but its the law .. do look up the foreclosure rescue laws in CA I know they are there @Sean OToole  knows them by Heart.Now also the loan with Quit claim is totally illegal I know its done but anyone complains and your in hot water that is circumventing the borrowers right to cure.. so forget that one.also if there is no junior  debt and its a California trustee sale its probably going to sell for at least 75 to 80% of ARV so figuring no sales cost no fix up work.. that could be his best bet let it go to sale get the MASSIVE overage tax free and move on.. depending on your financial capacity I did this in Oregon 10 years ago.. and before the laws changed .

As a Certified Financial Planner™ the first thing we need to address when speaking with a client is mitigating their risk and the use of living trusts is one way in which we can do so, especially when it comes to real estate.I do not want to get into too many details here but there are many different types of trusts used for a number of different purposes.

Who the buyer is has no bearing on seller financials, value, or the net the bank has agreed to accept.