It's one of the ways to get experience while getting paid:)

They’re already rehabbed, professionally managed, and pre-leased in many cases.

My question is, should I still be looking for this kind of deal that meets the rule (as a guideline) or should I buy to breakeven today so that “one-day” when equity gets paid down and rents go up I’ll eventually cashflow, OR should I wait until cashflow is better all together when it makes sense to buy?

Every pre approval I have seen has the company name, logo, lending contact, etc on the letter. 5) The heading says "Letter of Approval".

Position on the capital stack - it's usually 1st or 2nd line position and gets paid out before equity. 4. if you do notes within an ira/roth Ira, you can have the money be tax deferred (if traditional Ira) and tax free which allows your money to compound quicker as you don't have the tax drag. 

Try to order items pre-assembled.

How aggressive to be:Your $400K with $10K in seller-paid closing costs basically nets them $390K, which could be borderline if the house is new to the extended phase.

Your loan gets paid off at that time.

Thanks. raising money does not require any special school or training or paid program.

All 100% paid for.