I currently own 4, 1-2 family rentals and 1 small 2-unit office building; with the addition of this one large asset I could reach my annual cash flow goals as noted.

We're planning to stay in RE, but will probably focus a little more on development and larger-scale projects.

There is usually a large deductible; but, it covers cost beyond that for attorneys and awards, up to a certain limit.

Each of these homes produced a profit as large as my yearly salary and required MUCH less labor then a standard 2000 hour work year.

That aside, that is still a large chunk of equity!

You may need to signup for his newsletter to get access to it. 2) The contractors I work with are paid when the job is completed unless it is a very large job in which case we agree to installments...never more than 1/3 up front. 3) I usually have the bulk of the materials delivered by Lowe's or HD, it makes it much easier than making a bunch of runs to and from the store...just make sure you do a quick look for damage on anything that is damage prone. 4) I would say either would work but this is out of my expertise.

You may not be able to contribute much to the 401K, but if you have a large chuck of change from a previous employer, an SD 401K may be a better option than an SD IRA.

The government and many large high-tech companies have programs like this that will enable you to develop your focus.There was a thread here recently I wish I could find for you, where many successful RE investors volunteered their education and formal degrees.

And be sensitive to the fact that you are probably taking large amounts of the person's time.

MLO is largely intended to protect the buyer.