As for your operating agreement you can find free templates all over the internet, You can try this one to see if it works for you: http://www.northwestregisteredagent.com/pdf/single-member-managed-operating-agreement-long-form.pdfGood luck to you!

The relative anonymity of internet posts lets people just shoot off their mouths via their typing skills - I always wonder if the same exact words would be verbally spoken if a real person was standing right in front of their face.

But you obviously have some money becuase you apparently have enough for a computer and internet account.

It is the epitome of a turn-key rental, which is very important for my wife and I at this stage in our lives as I run an Internet Marketing business and we have a 9 week old son.The home is located in an area that historically does not appreciate well.What are your thoughts on this as a first investment?

I'm in a very similar situation and that's why I wanted to get involved in your thread rather than make a new one.I'm 25 from the Boston-area working on an internet gig (which is location independent).

You will always have a stronger loan commitment from an institutional lender like a bank than a small or internet HML.It's just best to talk to lenders in your area who know the market.As to appraisers, banks are rotating appraisals with those qualified, much of the "control" has been lost and for good reason, don't count on getting one that pumps your value up.

There is a lot of information on the internet these days.

It could be that they viewed your ability to cover the deal was limited to hald the payments remaining.They could have had other issues as well, with the contract, buyer, collateral, concentrations of business in that type of contract or area, your ability to cover the deal or other issues.Lastly, buying a certain number of payments is much like simply making you a loan taking the contract as collateral, the discount is the interest you pay, but technically not a loan but a contract purchase.

During my career, I've had the opportunity to start-up & run two successful internet based companies and am a former futures trader.

I would never select an attorney off the internet or from a TV commercial. :)