I do not know what your MOS is, so I don't know how much time you have to devote per week to your knowledge, but start with reading books, a lot of them.

There is so much bad advice out there and on this site; it is hard to pick just a few...You need an entity before you start buying real estate.Entities protect you from personal liability.You don't need a lawyer (or CPA), you can use off the shelf forms from Staples or such and such guru for that.Stay out of the stock market.Stay out of real estate.Stay out of lending.Stay out of angel investing and venture capital.Quit your day job and focus on making your investing your job.Keep your day job and forget about that investing nonsense.Follow Kiyosaki's investing and financial model.

Don't make is so hard on us, LOL :)

Sorry this is so long, but bottom line, your out of luck.

An additional risk present now is that because the world is so interconnected, something that happens in Europe, China, the US (or Crimea) could have devastating consequences for your local market.

Because there is so much competition, particularly in the high-end home market in California, some over the top tactics have made the news.

I don't mean to be snide, but your question is so broad that a direct answer without volumes of books being written is impossible.Instead of you trying to be a lender why not just find a mortgage broker and loan your money to them and let them carry out the professional stuff required?

Just in my mind a HML that went south.Of course there is SO much demand for capital that there is plenty to go around for all to play..I do know from owing two different HML companies in my day. .that one needs to be at the 50 million dollar out constantly level to really generate any significant income for the owners.

At my other duplex, it is so much easier to manage because everything is separate.

Next, I was hoping to receive clarification that my understanding of wholesaling is correct.1) Find a motivated seller and agree to a selling price (preferably below market value) e.g 100,000 (where avg price in location is 150k)2) Find a buyer and propose a price e.g 120,0003) Take finders fee/assignment fee of £20,000 as profitIf this is so here are my questions:1) What is to stop the buyer/seller agreeing to a separate price cutting out the middle man?