There is no wrong way to do this unless you aren't doing it at all OR you're harrassing peopleIf you find yourself attending a bunch of educational webinars, watching too many tutorial/training videos, or anything other than those 2 things, take some time to stop and reflect. 

Watching the strike team go wild slapping stop work orders like crazy. 

You can watch and read all the books in the world.

part of BRRRR is sweat equity and watching things closely, and that's exactly what you can't do remotely / from Internet.you tell me - how will you not do this?

Have you watched any of the shows on YT like this?

Slope is not your friend, neither is poor access and there are many more to watch out for.

I would encourage folks to watch the American greed episode on Remington financial.. little different they took due diligence fee's  this company is taking money to bird dog deals for them. but it was proven that in almost 20 years Remington funded less than 12 deals and they took in 5k to 10k per client. made millions. this I see is somewhat of a parallel offer to fund the deals make the bar so high that no one ESPECIALLY a newbie can get over the bar..  

In doing this you've likely committed fraud since your entire intention was always to close with the 2nd at 100% LTV...I've watched the video where Pace describes this and in essence he says that treating them as two separate transactions is fine and there's no need to tell the lender.

Watch out for the different meet-up events posted in your area. 

I guess the point of this post is, be watchful and don't give an insurer an easy opportunity to cancel you.