-Hang license with smaller brokerage in my area (Already chosen)-Raise PM for rehabs ($500K)-Rehab 3 houses (net $75K from total profits)-Find 5 others in my area who are consistently rehabbing SFHs to expand my personal network-Systematize my Rehab business-Keep any and all panic attacks to a minimum :)

. :( Each is a gamble..

Many of the white and black people who live here have chosen to do so.

Therefore, I can't give specific property details ie:address because one hasn't been chosen, and in fact won't be chosen unless I can provide my end, hence the HML.

Heres the basics:SHORTSALEARV: 155-160kBPO target: 140k(I will be there to do everything I can to influence price)Target purchase price:112k. 1st of 220k (WF) and 2nd of 60k (handled in bankruptcy court and home owner currently paying it down)I am pleased to say a family friend has chosen me to handle their short sale.

It is always better to hire GC with insurance and pay a little more than take the gamble because you might have a pro tenant who might step on a nail in a piece of wood the GC laid down and the GC has no insurance guess who they will go after.

The question applies regardless of the entity type.I hear the thoughts on not needing an entity but I've chosen to use an entity to purchase any property I buy.

I have chosen the path of a Wholesaler to start.

I echo what's already been said - it's critical to set up your legal structure first - and have an excellent team on the ground in your chosen area.Marc Ramsay and Steven Huang, are also from Van and are investing in the US - have a look at their posts.

What is your chosen niche(fix and flip, turn-key rentals, wholesaling notes, etc)?