Some of these guys have no creative spark and barely listen when i try to explain what i want even though it is captured in writing. 

@Jonathan Watt in general I see them continuing to grow, and in doing so continue to capture a large percentage of the overall market. 

Working on getting a line of credit set up with a commercial lender so I can close with cash on properties then finance out of them after closing.Criteria on Properties- Value add potential (open to turnkey as well if numbers make sense)- Good area likely to appreciate- Capturing 10% below market value- Use the 1% rule as a general metric- Look for about $300 cash flow on single family homes if amortized over 30 years with 5% capex, 5% maintenance, 5% vacancy expense includedThank you for taking the time to read & offer your input. 

I like where your head is, and I appreciate your willingness to share ideas that can capture the market.

I put the capture of the disclosure.

2) I find a lot of houses that are producing great cash flow, but I might not be able to capture any equity in the deal during the purchase.

Does anyone have a decent script/template that they use for these cold-calls to help ensure all the right information is captured?

To take a step further, you can also add a 3rd sub-account for the income/loss allocation to capture the tax basis balance as Lance mentioned.

This would allow you to cut your living expenses and would give you the option of capturing the gains after two years.While the 1% rule gives you a guideline, it is really hard to achieve in HCOL areas with properties listed on the MLS.

I wouldn’t give my potential equity away to a turnkey provider when I can capture it myself.