The deed of trust should be recorded with the recorders office.

@Cindy Hawkins - looking forward to tracking your success and hearing about your upcoming deals.

Keep track of all the buyers who don't bite during the rehab, and contact them again to see the finished product, if no one buys during the rehab.

We are forced to make offers before viewing properties and even then we find out that the deal is already under contract.Now we are considering buying 2BR homes and adding on a 2nd floor master suite and nursery/office or 4th bedroom.Does this make sense to anyone out there?

Starting off part time is best .My personal thoughts would be to find out who in your office has a "team".

I know a Gary police officer.

One call to the college off campus housing office you will find out the areas the students like what they are paying whats included.Rents can be 2-4 times more.

It has a low cost of entry and a strong rental market - a great place to build a track record before branching out to higher cost markets.We plan to continue to work full time as we build the portfolio to help with our ability to finance deals.Eventually my goal is to expand to other markets and to purchase large multifamily properties.

Can anyone tell me if my gut feeling is on track?

I am not borrowable yet, not long enough track record of rental income for FNMA.