I am aware of programs that allow for a minimum loan amount of 30K with min.

During the recent RE Bubble, millions of wannabe investors paid ridiculous prices for investment properties they've been watching too many 'flipping' programs on TV).

I know he helps run an investor mentorship program down in Dallas.

The benefits are that you don't have to actively be involved managing the property, it provides both monthly cash returns (based on the rents it gets) as well as equity growth and appreciation, and it is much easier to do an even-money exchange into a TIC.

Secondly, you must be so very careful as to not perform a prohibited transaction or involve a disqualified party.

The point that I was trying to make was in reference to the course that I purchased, and since I mentioned contigencies I simply stated that the agreements included with the program had a "weasel clause".

So Mike would you say that plugging in whatever numbers that come out too approximately 50% percent for the expenses into a property analyzer program (assuming all other factors remaining the same) would that give you a reasonably accurate number of your realistic cash flow on a property?

No condotels or non-warrantable condos on stated income but we CAN do them on a full doc programs nationwide (FYI).

The next advice I would need is, what kind of professional should I get involved in with closing the deal?

The profit in these areas of RE is probably better in selling the program or concept than properties.