The reason I put money first is because if you have no money, and no source of funding, it makes no difference what property you find - you have no way to procure it.

My wife and I are looking to relocate to NC because of the relative ease in procuring and/or building income properties.

Assets procured in a Roth retirement account will produce tax-free income at retirement age.  

Hi @Damien Ray, I charge the 1st month's rent to procure the tenant, and then a monthly fee to manage it.

Unfortunately, this second e-mail just parrots the first.

@William J HammIf the listing agent was not the procurring cause of sale there is no commission due.

You lost me Cheryl (not hard to do) ;-)Will you ultimately place new debt on the tear down and rebuild project or will you keep the cash you would extract in the project and not procure debt?

One of the counterarguments to this is that you can always purchase properties subject-to and bypass the costs associated with procuring additional debt.

I think most capitalists dislike the government involvement in the finance market, but they procure these loans because it is a necessary evil to participate in the market.

If one or more parties are procuring the deal they should also be compensated for it.