However, over the years there have been several favorable rullings with regard to other structures (especially types of trusts) that have most folks feeling comfortable with this practice.

What really stood out to me in this book is how honest, practical, and entertaining it is.

Two moves: define a simple buy box so you can practice analyzing real listings each week, and talk to a lender now to see what you qualify for so your search is grounded.

But practically, chasing a seller after closing is difficult and rarely worth the time or money.This is exactly why estoppels exist: to lock in the tenant’s version before money changes hands.If you can get estoppels before closing, do it.If you can’t, archive every written representation you have.2.

Realistic risk in practice in Seminole Heights?

Chapter 11, "Hone Your Skills" section has this practice question: "What is the IRR of an investment that costs $75,000 up front, earns you $22,000 per year for four years, and then generates $115,000 at sale?"

Quote from @Denise Supplee: Hi @Fred McKinley Hughey, For a comprehensive foundation, I’d focus on a mix of books, podcasts, and practical learning.

- You can use showing agents and other forms of leverage to operate in both markets - You can establish a niche of helping New Yorkers relocating to nearby NJ OR Sunny FLCons:- Additional costs to retain license i.e. broker fees, continuing ed, MLS dues, etc.- Lots of travel back and forth depending on your volume and involvement in files/deals (could also be a pro)- Requires serious time commitment to have staff/showing agents helping you out when you're out of town.

I tend to be on the practical side, so I ask practical questions.Are you needing financing or do you have that part squared away?

I just don't know if this is a practical method, it seems too high compare to if I were to go the banking route - they  would only require me to put down like 20-25%.