@Dutch Mendenhall Why is RADD making this such a painful process.

Which is to say any attempts beyond the method of communication in the profile are likely to end up convincing the landlord you and your friend would be a pain in the butt as tenants. 

@Jonathan Greene @Jay Hinrichs @Nicholas L. short sales are almost always done through RE agents and are a major pain the butt if the lender servicer wont respond in a timely fashion.Pre foreclosure you dont use and agent but if your talking NY I think and not totally sure but I think only an attorney can draft the Deed transfering title .

What are your biggest pain points?

First off, let me say that starting your journey in Miami, especially in the Brickell area, is a sharp move.

We use carbon copy in letter size (legal size is just a pain).

Make sure you research rental licensing requirement per municipality as they very greatly and make some cities a real pain to deal with. 

And, they generally bring forth action when a neighbor files a complaint and the fines/remedies can be painful. 

We fee like a conservative approach will let us go through the growing pains of better understanding real estate investing without the worry of being over leveraged to add to the stress while we are both still employed full time in our careers and do not plan on quitting our jobs to go fully into real estate. 

Options are very good, just need to avoid sharp dips because I am wagering about 1k at a time and any bad luck and I lose the entire 1k.