I recently finished reading the book on "Investing in Real Estate with No (and low) Money Down" by Brandon Turner and it turned me into a believer; and its only one book of the seven I purchased!

Things may have changed, but I believe GA has some limits on how many notes you can own in that state before you need to obtain a license. 

Only the broke or stupid believe you can make money from nothing (these days at least). 

He gives you that money, and be ready for that buyer and seller to sue both of you, and believe me your legal costs will be more than your commission. 

Granted, there are tons of new home communities further south in Davenport/Championsgate too, but I believe the nicer and closer to Mickeyland, the more attractive it is to vacationers. 

As far as the refinance of 1 month, I believe that you can refinance with a commercial loan without any seasoning of the loan?

Regarding the OP’s question; I believe partnering or putting some skin in the game would be beneficial but I promise you that the BRRRR method is doable without a lot of skin in the game.

I believe the LOI is a great method to capture a certain level of formality while serving as an ice breaker to start the conversation with the seller.  

He told us that he believes there may be a Black mold problem first of all.

From reading here, I believe an LLC structure is the right next step (if I'm going to accept contributions from other FAF type investors), but where do you go for commercial insurance?