I am putting out bandit signs to start the phone ringing.Any best practices learned from trial and error that you will share?

Some of it is trial and error.

Do I start telling them how to write the dang contract like I've seen it done 1000 other times (an activity my license technically doesn't cover), do I start selling the terms and conditions of the transaction and the house so they stop with this back and forth BS over $250 (two things that my license REALLY doesn't cover), or do I start extending the rate lock at a cost of 0.125% of loan amount per week until they figure it out via trial and error (I'm licensed to do this, but it sucks)?

If you are interested in a trial of Vulcan or EA, send me a PM for a coupon code.

If that happens, it is fairly quickly (usually 3 months) so the returns are greater than 20% when annualized.2) We get another 30% of the non-performing borrowers to re-perform at "new" terms through a trial loan mod or forbearance.

The hard part is you do have to make the investment in furnishing before you can give it trial run. 

I'm browsing through the forums for information and I'm going to go observe a sheriff sale next week.I've researched 5 properties for the auction as a trial for what I would pay and how much they sell for just to see if my plan is feasible.Good day to everyone,Tom

I would ask for references, ask how often they deal vs. going to trial. 

There is nothing better than trial by fire and 3 years later I couldn't be happier I bought the duplex instead of the new car.I am now in another financial position to evaluate another purchase in the very active Minneapolis market.

Turning and burning the $99 a month parcels isn't for me, as I have discovered through trial and error.