My life is very busy and fulfilling, however, I've always had an itch to get into the real estate industry.  

But on the fortunate side of that, my family is in the housing industry already. 

My end goal in this industry is to be an investor but I know having my license will only benefit me in that aspect.

@dan @Dan Falla Hi Dan I have  been in the industry for quite some time.

This industry is getting a lot of attention from financial funds which has definitely drive cap rates down.

Luckily this company saw from the get go that we are serious investors and willing to jump at a good deal, so we are closer to the top of their list.I've also learned quickly that there are a TON of HORRIBLE wholesalers in this industry, especially Phoenix.

An "allowance" is different, sometimes an "allowance" is used to fast track the process of proceeding small unforseen changes such as rotten subfloor, but, it is still either entered into a CO or T&M.Maybe this will help you on how you structure your contracts and follow industry standards, in case you run into trouble, you'll find yourself in solid ground.

I am interested in farm/ranch/recreational properties and I'm excited to learn from the members of BP about the real estate industry as a whole.  

This is what I am encountering, in the current Mortgage Industry.

Seller Finance it on a wrap, cfd, lease option, etc.Gary Keller of Keller Williams wrote:http://www.kw.com/kw/shift.html"Chapter 10 - Expand the Options - Creative Financing.....Affordability drives the real estate industry....Buyers must be able to buy in order for sellers to be able to sell....Affordability is the juice that makes the market go or stop....In a (market) shift, finding creative ways to help buyers afford to buy and sellers afford to sell is the game you must learn to play and win.....if the conditions warrant creative deals but you are not able to put these deals together, then you could be done doing many deals.