If so start with logging your hours every week.

Hello, I am looking to buy my first property (most likely an investment fourplex), but just left my job to start a grad program.

While I finish school I want to work, at some level, for a brokerage and continue to build the savings and connections needed to start investing in my own properties / making a career in real estate.

Start talking to other lenders, plain and simple... you preapproval does not hold you obligated to anything.

Hello all,  I've been saving up for a few months because I'd like to start flipping houses.  

Not everyone starting off gets hit with this, and if you can buy a portfolio it can "de-risk" the issue to some extent, but if you have one property and experience an 8-9 month fight to collect rent prior to eviction with a large repair bill after that it can be very painful.ALWAYS use a licensed PM in Detroit. 

Consequently, new homes in these locations start at $550,000.

I will start expanding my network now.

When you raise in a pool interest starts at a certain date and you have to be very careful of drag on the money IE payoffs with no new fundings.. but still owe the investors their return.. this sunk a lot of funds during the GFC..

my key question was around trustee for these land trusts. i can work with the specific legal company to have their trustee initially, and then have a resignation deed which designates me the successor. should i do all this or just have myself as the trustee from the start itself?