A fairly low barrier to meet and nothing to indicate the ability to proficiently or financially oversee a construction project.

The people in the WSO are pretty tough on the LPs and perhaps that is deserved but I think we need to help LPs by getting GVT to increase accredited investor standards, both $ net worth, and perhaps requiring people pass a basic financial knowledge proficiency exam, just WOW, i'm sure Ashcroft isn't the only one.....  

There is always a new book, seminar, application, guru etc  I worked tirelessly with all of the above but to no avail.No freedom.The turning point that began my successful journey of 32 years was becoming proficient in Sales.

Just yesterday I gave my (imo) balance view of the use of “subject to” in real property transactions, and was told by a very proficient poster in response to my post that anyone who thinks subject to transactions are ok is GARBAGE. 

If an agent can't rattle out minimum of 3 purchase strategies with 3 exit strategies for any 1 property, they should NOT present themself as being proficient, they should be HONEST and say there not 100%. 

I am proficient in investing and confident in earning 7-10% returns in the market over the next decade or two.

The partners between a realtor like myself (proficient in renovation experience), a general contractor, usually a loan consultant to support the buyer and the lender, (along with a buyer and seller of course) are the parties involved.I come across so many homes perfect for 203k or HomeStyle buyers, on and off-market, it isn't funny.

Become proficient in one area of the business and then expand from there.

Quote from @Kislay Shah: To identify a proficient real estate CPA, investors should prioritize professionals with a proven track record in handling real estate portfolios, transactions, and tax planning. 

If you're going to run a successful business renovating houses, ultimately you being proficient at/and or managing said proficiency in estimating will be a crucial part of your underwriting.Google "how to estimate house remodeling" your hard work will be rewarded.