I want to do this the right way.Hey @Ken Almira!

What's the best way to do this legally? 

They will do all of the legwork for you.

So what do they do to "find the next great deal"?

If you can invest locally, I'd recommend doing that before investing out of state.

We have bid on several properties at typical foreclosure sheriff sales, so we are familiar with the process of doing title searches before bidding.

I generally work with home owners looking for long term management, but I do work with a local broker with access to off-market deals, and he sees a lot of activity in the area.

Quote from @Jason Baker: Quote from @Jay Hinrichs: when you say no fee,  no split.. how do you expect the brokerage to make any money ???  

I'd like to know who else can do loan amounts under $100k.

We are looking at the compound asset acquisition and also using the short term rental loophole for our future properties and likely moving my wife into the real estate professional position while I remain at my W2 position.To sum it up, I would like to know what higher income W2 earners are doing in order to help offset their W2 taxes or if there is a way?