And Welcome, I'd have to agree with Marcus and say the most important first first first step would be landing on a niche and perhaps defining your goal(s)

"A close friend with a clearly defined family type relationship and documented interest in the borrower".

Simply put, for the context of this post, prospects consist of a broad audience or group of people who match your pre-defined criteria, and leads are prospects who actually qualify for your services.

Well your first step should be to define your goals which you already have done!

You need to define the highest and best use that is allowed by zoning and conforms to the current and future land use plan map for the city or county.

Let's definately plan on My wife and I buying coffee or lunch for you and your wife at our earliest convenience.In the meantime, I'd love to get some advice as to how you are making your business work, if you would be so gracious.Thanks so much for the reply.

That will define your price and rent point, which pretty much answers your ZIP code question.As an out of state investor you don't want to buy projects.

The original lease states that upon renewal, that rents will increase by 2%.Do we need to draft an entirely new lease agreement upon the renewal, or can we define the new terms using an addendum to the original lease ?

In addition to the above, there is a $2500 down payment, is this a mandatory component for any deals or this can be something that we can give only we have got a good buyer waiting in line? 

In this series we will talk about the Importance of branding yourself as a real estate agent, the steps needed to define and outline your brand, and the consistency needed in all aspects of your marketing plan to put your brand to work for you!