The best find I ever had was a plastic kiddie pool with a built in slide in an old tool shed that was left behind so it definitely beats me.I know most people would advise reinvesting your findings or maybe splurging on something you've always wanted like a car, vacation, trip to space, or a pony.

Hello BP Network,I will be admitted to the NY bar soon, which means I can bypass most of the requirements for opening up a real estate brokerage. I am interested in doing so. However, I am in the very early stages of ...

Please advise if this is reasonable to change.

But there will not be a monetary penalty for filing late in this case.PS.

Toledo pretty much offers the same, if you're set on that city connect with @Engelo Rumora Thanks for the plug mate,Hi Ken,We probably won't be able to assist as we offer turnkey and only to cash buyers.Our lowest entry point is $65,000 and that buys a 2 bedroom, 1 bathroom home that will rent for around $800pm.Plus, I'm pissed of with investors and lately and keeping all deals for myself heheI think you are on the right track with the 43607, 43612 and 43613 zip code.I encourage you to take a look at 43609 and select areas of 43610 and 43620.BRRR out of state is a recipe for disaster but since you are in Michigan, it isn't too bad I guess.Even being as close as you are and even if you lived in Toledo, I would always advise to get professional property management.An investors role is just that, to be an "investor".Elevate and delegate...Sure, you can probably manage 1,2 or 10 properties but that can eventually turn into a full time job.IMO, you should focus on scaling as in finding deals, raising capital, buying more properties, growing your portfolio, etc...And not dealing with tenants and toilets.Wishing you much success

Advising or mentoring or teaching others is always nice.As someone said, there is no UHaul behind the hearse.

Any advise is appreciated. 

What tips and advise would you give/ wish you knew as a newbie??  

Before you terminate the PMA, I recommend that you consult with an attorney in your area to advise you.

Term 3-5 years.Can anyone advise me as to terms I should offer (interest rate, points, fees etc) and anything else I should be looking for to make this loan?