One of the presenters was Merrill Chandler of Credit Sense and Fuunding Hackers sharing eye-opening info about how credit and loan decisions are made.

In their eyes they just want to get rid of it at this point.It could be price, location, some hidden major issue (foundation problem etc) but knowing what it is will definitely help to negotiate a good deal that the seller is willing to take. 

If she finds out she could have gotten more money by listing it with an agent who is going to market it to a zillion eyes on the MLS , you have a potential situation on your hands. 

We even went to RECON in Vegas to help us open our eyes a bit more to this idea we had. 

Real estate is an amazing investment vehicle for several reasons: It can be  income producing, you can depreciate buildings in the eyes of the IRS, you build equity as someone else pays your debt, it appreciates over time, and you can leverage it. 

I am a newbie, and would like a few more experienced eyes to look over the numbers and point out if I've missed something, whether the estimates are too conservative, or just conservative enough.

Originally posted by @Jay Hinrichs:typical with an unlicensed un regulated quasi industry.. but an unpopular stance on BP because many on BP are trying to get into the business as wholesaler and have no clue  Opened my eyes really quick.

As such, I go through a lot of the same trials as most other beginner real estate investors as I try to prioritize the right things to make the most of my time.We own a couple of buy-and-hold properties, and our long term goal is to grow that part of the business to have good passive income, with an eye towards an early retirement (though that's still a good 30 years away!).

I am currently working in an Analytics position within the mortgage finance industry, so I have always thought of myself as having a good amount of knowledge in Real Estate, but I have had my eyes opened while here on Bigger Pockets.  

Looking at this document with my inexperienced eye it looks like this has nothing to do with the property, and it all lays on the shoulder of Wells Fargo, but I would rather get a second opinion from somebody who knows what all this it.