What license or formal training should be considered as essential to success for REI?

Eat-in kitchen PLUS formal dining room.

Find the courts that do this and you'll have your list.Here's some quick information:Judicial ForeclosureThere are two types of judicial foreclosure proceedings in Louisiana, executory and ordinary process.The executory process takes place when the lender uses a mortgage that includes an "authentic act that imparts a confession of judgment", as provided in the Louisiana statutes.

In case of default, foreclosure would be non-judicial and less expensive.

Craftman style, decent neighborhood, needed significant work and great houses around it.Upon further inspection, it was partially worked on inside, some new sheetrock and paint, but it didnt look like anyone had been there in a bit.Knocked on the neighbor's door and after some chatting, got the owner's number.Long story short: meeting the owner this week for a formal tour, talk numbers, take my mentor and then maybe my first wholesale deal!

Long story short, it was a harder sell then thought as they were spoiled by the ST returns, and the regulation elephant made it too much to do without formalizing as a hedge.

Be certain to list yourself as in the employ of each, make a title, and a salary even if it is $100.00 monthly, something of formality.

Our group even has a formal mentoring group.

Less formalities with an LLC (don't need to hold annual BoD meetings, etc.) - Not a big deal at all - although if you don't follow these formalities, someone could pierce the corporate veil3.

I do see adding a bit of legitimacy with an owner or buyer in getting a third party involved, it appears to be "more formal" "legal" maybe more "trusting", but that simply goes to the lack of professionalism in gaining the confidence your parties may have in doing what you're doing.