we do much better organic and thought the cost for BP was very high compared to using other avenues - what we also see no matter where you are promoting is a lot of the leads want to pick your brain or want 100% financing...

I'd be happy to share knowledge.Hey Dennis.Thanks for the comment.I'm looking mostly at larger syndications deals (150+ units, multi family), doesn't really matter where exactly, as long of course that it's a good, quality location. 

Has nothing to do with you getting the property for $25K and you stuck it in an LLC.I discussed the matter of an LLC shielding me from liability with several attorneys.

Lets assume you figured out all parts of the planning process and pulled a architect or enginner stamp out of your *** because this is a commerical buildng and no matter what in ct its required.

There is always something to be said for paying a pro, no matter what the business. 

(a) If the Company establishes the title, or removes the alleged defect, lien orencumbrance, or cures the lack of a right of access to or from the land, or curesthe claim of unmarketability of title, or otherwise establishes the lien of the insuredmortgage, all as insured, in a reasonably diligent manner by any method, includinglitigation and the completion of any appeals therefrom, it shall have fully performedits obligations with respect to that matter and shall not be liable for any loss ordamage caused thereby.. . .To the extent that you are requesting compensation for the Alleged Damages, please see Condition8(a) of the Policy which provides the Company with the right to establish title as insured in areasonably diligent manner without being responsible for any loss or damage to the insured.

Maybe a 2 bedroom split with one other person, but not this many room mates.A few things to thing about - many counties and cities limit the number of unrelated occupants to 3 or 4 people, no matter how large the house, so check to see if there is a limit in your area. 

It doesn't really matter who actually owns the homes.  

I think that gets over looked by the cash flow only appreciation does not matter crowd.

While you don't need a license in MD, you do need a PM, brokers or associate brokers license in DC to manage property....and depending on where in MD the properties are, you might by nessecity need to include DC as a practical matter.