And at the meetings, there are different speakers who are proven to be successful on the subject that they are speaking on.  

., investors) tend to be more sophisticated in Atlanta than in other places, so marketing to landlords tends to be less fruitful (in my limited experience) than other forms of marketing in that area.My recommendation is to focus your marketing on homeowners with equity, whether distressed or not, and try to find locations where prices are trending up faster than homeowners recognize (so you can take advantage of some quick appreciation during a short hold period).

I've also come to the realization that in order to get rich, you can never buy anything at retail, and have to becoming adept at recognizing undervalued assests.

Read books, attend club meetings, speak with mentors, and work with professionals who have a proven track record!

I recognize that almost all of my questions are asking you guys to speculate wildly but I'm just looking to check my thought processes as I look at potential investments down the road.Thanks for your time!

If they recognize it and say its ok, generally your good to go, though nothing is better than your RE lawyer looking at it.

I am thinking that I might sell the residual which as you can see is worth $45,000. and invest in something that is worth much more and historically proven to appreciate substantially.

When you buy the home, then the LLC would recognize a capital gain on the sale and pass the gain on to the owners as well as the sale proceeds.

This kind of auto-suggestion has been studied and proven to be an effective way to get things done.

This is a kin to not letting your 16 year old son or daughter drive for the first few times with out you sitting next to them the whole time.Once your entity has proven itself with time and prudent financial management, it can stand on its own.