Rich is right occupancy is very high in Dallas.

So, what I was thinking of doing is getting an HML for the purchase of a foreclosed property through an agent and then quit claim it to an investor for the amount I put down + some kind of profit (maybe only a $1000 or so, I'm not trying to get rich, I just need extra income).

It's up to the owner to have a final look at the "approved" applicant to try and weed out deadbeats, or at least you might come up with a specific set of standards to at lease mitigate the risk.The most successful landlord I know always asks, "do you want to be right or rich?" I

Think & Grow Rich is a GREAT read that I just finished last week and it's life changing.

So that advice isn't making anybody rich. I

@Richie Valadez I understand both sides of the coin, and yes we run into this all the time.

@Saul Arredondo Think and grow rich is one of the best by Napolian Hill.

But I am not focused on getting filthy rich. I

I saw a recent report naming New Port Richie Florida as one of the best values nationwide for finding waterfront or beach property.Median pricing is 84,000 it says.

Rich, i am an investor from New Jersey and my LLC'S are formed in New Jersey. you can ask your lawyer what the best route is or if anyone would probably know is @Steve Babiak, he may have some input on this.