Each lead-generating process has its pros and cons; door-knocking takes a lot of time, and you may not be speaking with the owner of the house, but you get to talk to people face to face, and it is relatively cheap (you should have a flyer or packet). 

I'd speak to legal and have them outline the state's laws.

Generally speaking, the earlier you can get into real estate and start investing, the better.

Thanks for speaking to that.

I just finished their taxes with their CPA and I can say from first hand knowledge that real estate is the most effective way for immigrants to obtain the American dream.My parents immigrated to California in their 20's from Asia with no money, and could not speak English.

When you find your property and begin your contractor search, you should make sure you get recent references and actually speak with them.

Ask to speak with some of their current owners and current/former tenants.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

The JV agreement should make this clear.You may want to speak to an attorney and a CPA familiar with these transactions.

I think you're absolutely right that I should speak with a CPA about the matter to get the authoritative answer.Quote from @Bob P.: Quote from @Felicia West: Hi there!