VenturaW-2 Employee - Employer provides you tools and you are normally doing the work under the guidance of the employer.Independent contractor - Employer does not provide you tools and you are paid to perform a task that may not be under the guidance of the employer.There is other distinctions between the two but those are the big ones.With that said - if you have the option of choosing - I would choose independent contractor if you are going to be working from home and you can have the employer provide you additional compensation since you will have to pay self-employment taxes.

VenturaW-2 Employee - Employer provides you tools and you are normally doing the work under the guidance of the employer.Independent contractor - Employer does not provide you tools and you are paid to perform a task that may not be under the guidance of the employer.There is other distinctions between the two but those are the big ones.With that said - if you have the option of choosing - I would choose independent contractor if you are going to be working from home and you can have the employer provide you additional compensation since you will have to pay self-employment taxes.

The difference is in the distinction - is $20,000 the entrance or the exit?

Michael, Be careful in these discussions to draw the distinction between Yield and ROI. 

If they were good....why would they waste time with someone, when there is a distinct possibility you will close a deal with someone else instead of them.Here is also the problem......90% of agents who will only work with you exclusively are also not worth working with.Find an agent you like, that has the knowledge and skill set you are looking for, and use them. 

Right now, there is a TON of Multifamily being built all over the metro, and if you aren’t familiar with the area, there are some interesting shifts that are happening just over the past 6 months in single family—I’m not aware if those same changes are translating to multi.From the people that I have talked to, occupancy rates are leveling off and competition is causing some rent compression to happen.I listened to a great episode of BP yesterday—show 301 with Alex Felice on long distance investing—, which summarizes the resounding thought in this forum “you want to convince people that are better than you to deal with you...so they can bring you up”Not to totally go into the Tule's  however back in the 80s as I stated there were two distinct factors that happened to syndicator I worked for and for my retail clients trying to relocate out of DFW.One as stated houses there just did not really appreciate and many folks were a  tad under water.. and the banks there simply don't let you walk away .. they will and did sue homeowners for deficiency judgements.. unlike as I stated west coast deficiency judgements on purchase money first position owner occ are against the law.    

Vet and put together your team and set a clear and distinct plan in place as well as everyone’s roles and responsibilities.

(As distinct from a capital call with dilution implications.)Again, my interest is not in a particular situation, but rather what others like to see in their agreements or wish they had in their agreements.  

Worcester has a bunch of distinct quality rental groups. 

So, using a neighborhood-level datasheet would mesh those distinct localities within the neighborhood generalization.