Not only do you have to put up with the dreaded "dealer tax" (i.e. self employment tax), but the capitalization rules pertaining to overhead costs is also a tremendous burden.Consider this: You purchase a home for $30,000 cash.

Homestead protection is something different and varies tremendously from state to state, so any information is state specific and may not be relevant in your state.Be careful and check with an attorney in your state.

It is a tremendous asset for new aspiring real estate investors.  

Thank you for posting such a tremendous resource.

Tax Lien Certificate School by Dustin Hahn helped me tremendously.

This isn't being a GC, and if anything, I'd say that the project is likely at tremendous risk based on your involvement as the guy responsible for the rehab.  

This is not the worst case, but for me being in the RE business for over 20yrs and having access to undervalued props, the ability to purchase a SFR, renovate it and have it appraise for well over $75k-100k then what I  paid for it is tremendous!

I view my NNN as a hedge against inflation, my rents have escalators, but returns are pretty fixed.

(Under contract for $900,000 vacant and now with a national tenant in it with the NNN 10 year lease with the corporate guarantee and escalations etc it would be easily $1,500,000) 5) I cash out my $1,000,000 which is less than 70% LTV and keep the tenant to make the PITI plus gibbing me positive cash flow with no hassles, no marketing, no management or any addition al work 6) I reap the process and continue to build my fortune doing it part time with no down side (if I cannot line up a nation al tenant within the 45 days due diligence, I simply cancel the contract and get my $5,000 earnest money deposit back) The reason I put only $5,000 EMD is because I am able to show proof of fund for the $1,000,000 sitting in the bank account. 

Those are hardly budget-busting amounts and the Essentials level education (the $1,997 one) really offers tremendous value to the beginning real estate entrepreneur.Fourth, one thing that hasn't been mentioned is the flexibility that individual affiliates have to create their own opportunities.