I am a Real Estate Broker in Texas and I mainly just sponsor agents and agent/investors to enable them to have their own Real Estate Brokerage.

Anyways, I heard from my teacher that his business is slow so hes consolidating all his inventory to one location.

Assuming your loan is HAFA-eligible, or otherwise eligible for getting pre-approval on a sales price, the most important thing will be to try to get the BPO to come in at a low enough number to entice/enable your renters to buy it.

But what's worse is that this guy Reed is actually suppose to be some kind of teacher?

You found the best attorney in Texas to help you get your contracts together, you know you're the best teacher in Texas  I wish all my students had your success of 500 plus deals, but it's your particular drive and commitment to helping people this made you a success 700 bucks for a phone call? 

You're going to do continue to be successful, IMHO,Since you'll be needing to find more creative ways to acquire, control and benefit from Bay Area deals in very tight and expensive markets, you'll do well to find credible teachers to study. 

We just knew we had to.As we went to different teachers, we found different types of deals structures that we could get involved in with little or no money.

I have nurses, an MIT professor who left Boston due to high rent and covid related issues, a teacher, and even a textiles engineer to give you an idea of the type of individuals that this area attracts.

Check Teachers credit.....Merchants and Lake city if youre looking for banks

A simple $500+/mo from one renter will be life changing. 2-3 will set you up as if you had a good paying 2nd job and enable you to buy a new primary next year.