Of course some basic education is good like online courses or youtube, or biggerpockets or just plain ol' chatGPT.

It's a 'back to basics' market for sure.

You are right in that a 1st position cash out is like basically hitting the reset button again.

Note I've done a bunch of reading I know the basics (have to buy in a certain amount of time, like exchange, etc.).

So anyway one can pay the  20k and get some basic theoretical knowledge but one should be realistic this is a big cash up front business.. your not going to find consultants doing this work on the come.  100% agree.

I think starting with these basic questions will give them a clear picture of what’s realistic and help them line up the right lender before they find their first deal.1. 

It is a good idea to really focus on understanding what comparable rents are like how much things will cost and the basics of figuring out a good deal.

We used a basic format, but each sheet was highly customized for each property.Already know based on your market/criteria?

I used a basic DIY segregation study with an IRS audit guarantee.

To me, cashflow is basically like having insurance for your investment.