Hey Matt a trick I learned from the modular home builders is to embed 1/2 OSB on the walls (& flush against the 1/2 drywall) where you will be hanging wall cabinets & again where you need to secure the lower base cabinets esp. if you need further support for heavy granite etc.It sure beats looking for those studs & if you install an above-the-stove microwave it really helps to secure the sucker.

All the walls & ceilings had one coat of KILZ primer to hide the disgusting drywall of the past 15 years.Given the higher rent we were asking my wife simply laid out the plans we had for it & they took it paying 1st, last & security.

He is requesting to hold all security deposits which I am adamantly against both in liability and just overall pain in the rear.

Even Especially if you are borrowing from friends and family, you should use formal lending agreements and register the lien against the property (mortgage) to provide security to your lenders.

I was able to package those skills to other investors and worked my way into equity deals by simply providing value that they needed - development of their business systems, internet marketing expertise, knowledgeable networks and due diligence ability (analysis and research).So, it's not a question of age - it wasn't for me either.

Definitely worth it to get the Prelicense package with the "Broker Cram" in the end.  

I've read Rich Dad Poor Dad and I know that a lot of the reason people is for job security.

You should check out Paper Source at http://papersourceonline.com/the-complete-package/ for some basic training, although you should also start networking since the relationships really keep this business well oiled. 

In my day job, I am a corporate and securities lawyer and I frequently help real estate developers structure the legal entities they utilize for the investments and also comply with federal and state securities laws in connection with bringing on investors.  

Secure lines of credit, pay off consumer credit cards, and save cash.