This will help vet those contractors looking to take advantage of folks, in particular since you’re investing from afarFocus on punctuality and communication – did they show up on time, did they return your call/email in a timely fashion, do they keep a well maintained vehicle, do they communicate in a professional mannerVerify IDOnline search of their name and companyReferences with phone numbers, and previous work – call the references, find out the type of work done, does the type of work they’ve done match with what you’re looking forGet a detailed, written scope of work (SOW) along with a detailed, itemized contract – define the payment scheduleHow will the payments be structured –are they asking for money upfront (potential red flag)Hire a licensed, insured contractor that is in good standing with the Better Business Bureau, and the local consumer protection agency; check the license number, insurance policy, and bond.

You will need the downpayment and whatever vehicle you need for financing, wholesalers usually want all cash or hard money to close quickly, in that case, try to line up your hard money lender that can convert them to conventional 30 yr mortgage.

@Michael GarrettBecause retirement accounts are tax shelter vehicles, all the profits must flow back to the retirement account.

I'd be very happy with a 9-12% return in one of these funds or vehicles, rather than the stock market. 

I think they are really the best vehicle for real estate investors who own lots of properties.That being said, I would not recommend converting an existing LLC into a series.

Doesn't make sense to invest in conventional TSP or IRA if you are getting tax free pay - the prime benefit of those investment vehicles is tax deferral, and if you have no taxes to defer, why lock up that money? 

My advertising vehicles are Craigslist, Trulia, Postlets, Zillow, Social Serve, Social media sites, a sign in the yard flyers e-mailed to contacts as wall as businesses and gencies in the area.

By "research," I mean actually check if the tenant is in violation, like once they went out and took pictures of the "street parking violation," then went to the hearing with the pictures, along with the tenant, where the tenant argued they do not know the owner of that vehicle.  

Victim transported by PD to Presbyterian Hospital 05/10/2015 Assault Aggravated Assault No Firearm 05/10/2015 Theft Motor Vehicle Theft 05/10/2015 Theft Theft from Vehicle 05/10/2015 Assault Aggravated Assault No Firearm 05/10/2015 Theft Motor Vehicle Theft 05/10/2015 Theft Thefts 05/10/2015 Robbery Robbery No Firearm 05/10/2015 Burglary Burglary Residential 05/10/2015 Assault Homicide - Criminal 05/10/2015 Theft Thefts 05/10/2015 Robbery Robbery No Firearm 05/10/2015 Robbery Robbery No Firearm 05/10/2015 Assault Aggravated Assault No Firearm 05/09/2015 Robbery Robbery No Firearm 05/09/2015 Theft Thefts 05/09/2015 Theft Thefts 05/09/2015 Theft Theft from Vehicle 05/09/2015 Theft Thefts 05/09/2015 Robbery Robbery No Firearm 05/09/2015 Theft Thefts 05/09/2015 Assault Aggravated Assault No Firearm 05/09/2015 Theft Thefts 05/09/2015 Theft Theft from Vehicle 05/09/2015 Assault Aggravated Assault No Firearm 05/08/2015 Theft Thefts 05/08/2015 Burglary Burglary Residential 05/08/2015 Burglary Burglary Residential 05/08/2015 Assault Aggravated Assault Firearm 05/08/2015 Theft Thefts 05/08/2015 Robbery Robbery Firearm 05/08/2015 Theft Thefts 05/08/2015 Theft Thefts 05/08/2015 Assault Aggravated Assault No Firearm 05/08/2015 Theft Theft from Vehicle 05/08/2015 Theft Thefts 05/08/2015 Theft Thefts 05/08/2015 Theft Thefts 05/08/2015 Theft Thefts 05/08/2015 Theft Thefts 05/08/2015 Theft Thefts 05/08/2015 Burglary Burglary Residential 05/08/2015 Assault Aggravated Assault No Firearm 05/07/2015 Theft Thefts 05/07/2015 Theft Theft from Vehicle 05/07/2015 Burglary Burglary Residential 05/07/2015 Theft Theft from Vehicle 05/07/2015 Theft Thefts 05/07/2015 Theft Theft from Vehicle 05/07/2015 Assault Aggravated Assault Firearm 05/07/2015 Theft Motor Vehicle Theft 05/07/2015 Theft Thefts 05/07/2015 Theft Thefts 05/07/2015 Theft Thefts 05/07/2015 Assault Aggravated Assault No Firearm 05/06/2015 Theft Thefts 05/04/2015 Theft Thefts 05/04/2015 Assault Aggravated Assault Firearm 05/04/2015 Assault Aggravated Assault No Firearm 05/04/2015 Theft Theft from Vehicle 05/04/2015 Assault Aggravated Assault Firearm 05/04/2015 Theft Thefts 05/04/2015 Assault Aggravated Assault Firearm 05/04/2015 Theft Theft from Vehicle 05/04/2015 Theft Thefts 05/04/2015 Theft Thefts 05/04/2015 Theft Thefts 05/04/2015 Theft Thefts 05/04/2015 Theft Thefts 05/04/2015 Assault Rape 05/04/2015 Theft Thefts 05/04/2015 Robbery Robbery No Firearm 05/04/2015 Theft Motor Vehicle Theft 05/04/2015 Theft Theft from Vehicle 05/04/2015 Theft Thefts 05/03/2015 Robbery Robbery No Firearm 05/01/2015 Assault Aggravated Assault No Firearm

I truly believe that real estate investing can be a vehicle towards the true financial freedom I seek, which is why I am doing everything I can to learn about the industry.Since I currently graduated from college and just started out at my new job, I am living at home so I have not bought or owned any properties before.