This is not something most insurance agents run into often so you will need to call around and they will need to do a lot of footwork for very little commission, so be very nice and plead for help.

Hi Andrew - not to sound too sappy, but I believe this is the way things work - when you're putting in the footwork, the universe will conspire to help you (pretty sure I read that somewhere).You're on the right track - a MOU or LOI (Letter of Intent) is definitely helpful to wave around when you're looking for financing.

I purchased a program on real estate, rehab and flipping recently and one of the "perks" of the program was consultation/foot work for opening an LLC (I of course have to pay the applicable state fees).However, in my introduction forum I got the impression that an LLC was unnecessary and maybe harmful to start with.

Also, a good PM company pays for themselves, getting top dollar renters in quickly with widespread marketing, collecting late fees, pre-screening, and doing tons of busy foot work you would have to do yourself, your time is much better spent adding value to your investing than doing admin PM stuff a good PM company can do for you, for little money.

And if you believe in "synchronous serendipity" you'll be amazed at how the right people, resources and clarity seem to show up at just the right moment if you're willing to do the footwork.

That would save me a lot of the footwork on top of what I'm already doing.

I have the time and drive to get moving and I am willing to do the foot work, I am just not sure how to take off.

There is so much more than getting a contract involved there is much footwork and understanding the legal documents presented.

I am the contributing partner while the other partner is providing all the labor and footwork on the projects.

You could exchange your footwork for an investory or Joint Venture partner to provide the funding.