Watch major Duggan's State of the City address he just gave the other month (google it). 

Ya know what blows my mind is being a person of pre-internet, is just how many people will throw $ away on BS "Guru" packages vs just googling a dang thing and finding the plethora of FREE info to answer it all.... 

I did a simple Google search.Read this:What Is Material Participation?

You can also find real estate investing groups through meetup.com, facebook, or a Google search.

Just google tenants from hell or bad tenants on YouTube....You'll see what it's like out there.

You can google those.Quest IRA puts on some information out there in Austin ( I drive over there on occasion).

For these types of questions - it would make sense to start by getting some quotes and term sheets from actual hard money lenders (larger companies, found via google or the directory on BP) - can still do the private money - but these terms they give you can easily be the starting point - and you will likely get a lender to walk you through them for free anyway

Your post didn't sound like it came from a landlord with 25 years of experience, so I was pointing to the basics hoping it would motivate you to do some research.A quick Google search revealed numerous NJ banks that offer the convenience of opening accounts online.

Please ask them to google tenant's rights in LA county.

If you don't own the house yet, you really need to pay the guy otherwise it's a waste of his time.Sometimes roofers and pools companies will give an estimate based on google maps.