One thing to do: If the movie "Pacific Heights" comes on the TV, change the channel...

Hi Christian,I work with a very large REO broker that handles properties in the Atlanta area for numerous major lenders and I can tell you that not all listings are on the MLS.

$850/month less 40% for expenses (read numerous threads in landlording forum on this topic) leaves NOI of $510.

Afterwards, I'll put in one of the Predator movies, get excited, then go online to look up trophy hunts.

Lots of people made out like bandits during the bubble buying properties that were badly cash flow negative.OTOH, you don't have to look very hard to find numerous cases where tenants are being kicked out of their rentals despite paying the rent on time every month because the owner is being foreclosed.

Consult a lawyer or one of the numerous books on running an LLC to get the correct wording.

Whether you’re just getting started down the road towards fulfilling your real estate investing dreams or you’re a little more experienced, a good mentor can get you closer to the realization of your goals by showing you some of the tips, tricks, and other shortcuts that have fueled their success.The problem many fledgling real estate investors face – and some with a little more experience – is self doubt about their ability to put together profitable deals, as well as having numerous questions about when certain techniques would be most appropriate.These doubts and questions can easily be alleviated by knowledge, but a lot of real estate investors have trouble applying principles they may have read about, heard about, or seen in a short webinar.

My prop manager said they took numerous photos, and AFAIK, did, take numerous pictures of the inside and out before a new tenant moves in. .

(Deep breath)Yes, I'm sure there are numerous cases where people were put into bad loans.

As a graphic designer and having been in marketing for numerous years, here are things I worry about:1) Finding web master that are responsible and reliable (yes, you lose control)2) Many try to save a buck and go international only to get burned3) Investors find a designer who don’t know the business so can’t provide input on set up, design, and functionalityThe Norris Group happens to use Virtual Investor Plus for our back end for our retail website and I update some of the front end stuff by myself.