Essentially they are doing nothing but supplying me with the forms and conducting the negotiatons on counter offers.

The law of supply/demand has a lesser effect during market corrections like now.

So our thoughts are this: Let him supply the down payment money and we will do our business as usual, that being find the properties, do the leg work etc, etc.

I have seen MANY "resident managers" that had a pretty free hand with supplies that "fixed" and painted neighbors homes/apartments for a little "extra" income.

I understand the basic theory of bird dogging but I don't completely understand what type of information I need to supply the investor when passing along a deal.

What percentage of the loan are you able to supply in cash at the closing table?

If replacing the main panel, be sure the new one uses standard breakers, not a proprietary configuration.If there is ANY iron supply piping, replace it.

Miami has a huge back supply.

Illinois may or may not have passed legislation on this.Subject tos can be done and depending on your market, they may actually get a little easier to do because conventional financing is drying up and owners are about to realize that they need to supply financing if they are going to get their houses sold.

Jeffrey, Operating expenses include taxes, insurance, management (even if you do it yourself), maintenance, advertising, office supplies, legal fees, evictions, damage done by tenants in excess of the security deposit, entity maintenance, utilities (if only during vacancies), vacancies, capital expenses (not technically an operating expense), etc, etc, etc.