The original bill would have essentially removed the ability to do LO's.The final bill was highly amended, but so many of the rumors that are still out there are based on the original bill.

I essentially had to come up with about $3000/month within the next 3 years to keep them at home.I’m very old school (I guess) in that matter.

Attorney has realistic client control and more influence over seller than you, in this case.Reduce your deal basic terms into about 7 essential line items, such as:1) Consideration2) Terms3) Possession4) Inspection 5) Title6) Escrow7) Buyers vestingNow that you've spooked the attorney, it will be harder to close.

You can locate a few of the essential documents under the resource tab within the site.

She will start flipping houses this year, and wants to minimize taxes, but also wants to reinvest all after-tax revenue from flipping.

I absolutely want to begin building a rental portfolio as a long term strategy once I have created more revenue.

You have to figure out the specifics for your investing strategy on your own.As a side note, my personal pet peeve at REIA meetings is the person (usually at their first meeting) who essentially says "I have no experience.

I've found it's harder to borrow against investment properties without well established revenue stream.

Not to mention that the student will also bring the mentor revenue at some point.  

In the mid 70's it became popular to start using acrylic plaster which is essentially acrylic paint with plaster mixed in as a thickener versus a bonding agent.