The following is a list of topics I've encountered in teaming agreements, although it's not exhaustive.

Others follow the 1% rule, calculating annual maintenance costs at 1% of the property value.Property managementHiring a property manager can help to eliminate the stress of residential real estate investing.

Subscribe to Real Estate Newsletters: Follow trends, insights, and policy changes that could affect your deals.By utilizing these strategies, you can adapt to various market conditions and close real estate deals efficiently in any economy.

He talks about how you can purchase a rental property, manage it as a short term rental during the year you acquire it, do a cost segregation study, use those "losses" to significantly reduce your taxable income that year, and then turn the property into a long term rental in the following year. 

These agents have access to a large inventory of bank-owned properties and can provide valuable insights into the local market.If you follow these steps, you'll be well on your way to successfully fixing and flipping REO properties.

(Click to enlarge.)To maximize your success, follow the steps illustrated below. 

It typically involves the following steps:1.Seller Deliverables.

Bookkeeping, CPA, 1099 issuance & follow up.

If you want to do the most good, donate money to charities that have proven to really help the people they target.

@Dennis McNeely @Nathan GesnerYou must follow Florida law.