I have learned over years and years the percentages of a buyer being able to actually close on something based on various factors.For example if you have all these elements against the borrower and on top of that they are doing a small deal of 1 million etc. in commercial it's not worth the time.Lots of people learn, a few put in offers, even fewer buy, and even fewer buy SUCCESSFULLY where they will make money during ownership and disposition.

This allows their businesses to scale, but can trim out some of the human element.

You have to consider real estate as part of your portfolio, it will add an element of diversification to the stocks and bonds while at the same time has unique taxation situation that you could take advantage of.

His personal narrative is simply amazing as well his handle on the entrepreneur elements of real estate.  

I'd be concerned that there's something there that you aren't seeing, either with zoning, some type of environmental issue, soils issue, or location.

Aloha,It's a little late now, but the BEST way to come up with the money is to set up a separate savings (or reserve) account and put money into it every month so that when the time comes for work that you KNOW will need to be done, you just write a check.Every property has the same basic elements (roof, exterior surfaces, sewer and supply piping, etc), and each element has an "expected" life (google "construction useful life").

Some element of tax planning, in addition to filing returns, would be great but not looking to spend $35k on that!

Maybe because the modules are stick built, but that happens in a factory, out of the elements and to much better tolerances than can be achieved by hand, on-site.

And then trying to convince the masses that there is no competition on the MLS.. for Pete's sake, that alone should make people run away yelling "scam".On the MLS, you are competing with real estate agents, that buy houses themselves on the MLS, you are competing with the traditional buyer, you are competing with other investors crazy enough to try to look for deals on the MLS (yes there are plenty), You are competing with agents that look for deals for their list of cash buyers.Every single element of this entire thing is just retarded. 

While there may be a small element of truth in those statements, the truth is that nothing we are experiencing now and likely are to face over the next 6-18 months or longer are actual uncertain or unique if you look at the history of the modern world.