Hi Adam,The seller pays the seller commissions and (usually) covers the buyers commissions as well so you shouldn't worry about those fees.The 10% vs 20% I feel like is a personal opinion.

Hello all! :)Someone I reached out to on an off market deal told me that they couldn't sell because they bought the property as a rental in the 70s and didn't want to pay the capital gains. I'm curious if this has com...

The violations would include 'the personal occupation of a garage as residence' while asserting to police that he didn't live in it, along with the power overloads due to use not in keeping with a garage rental.  

You can find something in Durham and parts of Raleigh, specifically zips 27610, 27603, and parts of 27604 that would meet your criteria, however generally speaking most of the inventory that would fit what you are looking for in Raleigh or Durham would likely be in neighborhoods that I personally wouldn't want to invest in, C- to D type neighborhoods.

@Leslie L Meneus, while the forums can be pretty good, in-person networking and sharing ideas is much more valuable.  

Quite the opposite - I invest my personal money as just one more member, in each investment we end up doing as a club. 

Personally, my favorite way of sourcing deals is building relationships with brokers and nurturing those relationships by checking in consistently.

If the LLC is the maker on the note, there's a good chance you'll be required to personally guarantee the note.

If you are just a plain person they usually must serve you in person. 

Personally see these laws sweeping the nation..