utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational, thought provoking ideas relevant to REI.

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Before making your 1st REI purchase please visit the link below for some useful tipshttps://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational, thought provoking ideas relevant to REI.

A cash out refinance, like any other refinance, pays off your old loan using a new loan.The significant difference with a *cash out* refinance is that the new loan amount is greater than the old old loan amount, but still less than current (post-appreciation/improvement/etc) value of the home.The net proceeds go into your checking account as money you can spend.You are now more in debt than you were before, but you liquidated some of that equity and (relevant in this forum) now you've got the down payment on your next home purchase.

What you do with income is not relevant to how its taxed.  

I would look for a job with a Property Management company, or Development company to get some income and relevant experience, and learn at night and on the weekends before going full time.  

Ryan, not sure property taxes are relevant to that area, or any, with the tax caps. 

Please allow me to address a few of your above mentioned concerns.Received few deals- We try and keep our investors in touch with relevant inventory in which they're interested in.

If only I knew how to code something like that LOLMine was super manual... downloaded what I felt was the most relevant ACS info from the census site (as a csv), then figured out how to weight each parameter I was interested in and assign a grade of A+ through F.

His explanation of the needs of high-functioning cognitively disabled individuals is still interesting and relevant, but I'm sorry to report his methods are now terribly out of date.