After reading rich dad poor dad, I have a new found fire to take action and invest.

Depending on the extent of program demand, the program may be expanded to for-profit and/or other non-profit developers, as set forth in the action plan."

I have done so much research, watched Videos/podcasts, attended several webinars/seminars, but I'm ready to put this education in action!

I started several times and momentum is the key just make sure you do not let roadblocks or naysayers bring you down or kill your vibe and take action and make it happen.

What causes people to take or not take certain actions?

Read everything on the forums, Listen to the podcast, Stay active, interact, and take action.

By the time he checked on the house the water had already damaged every level of the house and reached the basement with a few inches of water.He wants to take action asap but not sure if he needs to bring insurance in before starting.Has anyone been through a similar scenario or have knowledge on how to handle this situation.

Especially, something that specifies that everything is all set on both the side and both the parties waive their rights for possible legal actions...????

I have done a lot of research and now I am finally taking action. 

This would open you up to unnecessary risk.Owning the homes in your personal name & having an insurance policy is the best plan of action for someone in your situation.