I take pride in the fact that I have probably steered more people on here away from potentially bad deals than I deals I've done here.Best of luck to you.

Perhaps the universe is steering me toward stocks and the proportionally easier and more diversified investment (meaning, 100% of our assets pretty much are tied up in Charleston real estate at this point).

Basically, we want to steer away from doing anything that a real estate agent/broker does on their day to day job that acts a representing agent or helping the seller in either buying or selling.Great stuff guys.Thanks

However, if shes looking for a place to live in the area, steer clear of the 1st four blocks east of 95, both north and south of Atlantic.  

I want to be successful and I know the quickest way to get a bad rep is to give a terrible estimates on the rehab of any deal i get under contract.I hope i can find a wholesale mentor in my area that wouldn't mind steering in the right direction, but i also know i have to be of some value for a person to lend me their time and knowledge.You guys input on this topic would be greatly appreciated!

Though she mainly lists properties from residential sellers, I am sure that she would be happy to steer me to the right listing agent.

Good discussion:In most businesses (real estate, retail, wholesale mdse, etc.) there are those folks who work out a profit per deal and others that work out a percentage for profit margin.One is not better than the other--unless you are talking to an accountant (they always seem to prefer % of profit).People need to do what works for them -- if they've been around the block for a while.If they are a newbie--try to aim for as close to the 2% rule until you have a few years worth of your own data and track record to steer you one way or the other or just to right the ship a bit.Your numbers won't lie and then you can fit you own experiences into your own strategy--not anyone else's.Until then, I suggest playing it more conservatively.

I'd much rather steer clear of her so long as she's not bothering me.

First is to accept the first qualified applicant as described in this next link.http://www.biggerpockets.com/renewsblog/2008/2/2/managing-tenants-part-two-steering-clear-of-the-fair-housing-act/But if you are trying to pick the "best" applicant, then you have to have a somewhat rigorous approach such that no applicant can achieve the required qualifying score; your policy would then have an exception that if some certain number of applications or within a certain timeframe there is not fully qualified applicant, you would offer to the most qualified.

Please steer me in the right direction.