Finding a neighborhood where you feel comfortable working with clientele that fit your personality is an ingredient to success for any type of real estate investing endeavor. 

I've set up a dozen LLCs over the past 20 years so it's not that big of a deal, just that I already have 6 going already, trying to determine the simplest method with the most protection.

Doing private loans for each individual property as you go seems like the best and simplest way to do it, as you say.

Numbers can be massaged and inflated - you need to know what ingredients went into the recipe to know whether or not you want to eat it.Anyway, it looks like a lot of the finer points have already been made here, just thought I'd throw my two TK cents into the fray.All the best to you all, investors, providers, and skeptics alike!

The simplest form of seller financing is where the seller owns the house free and clear, and agrees to take payments from the buyer rather than getting the money all at once.

If you do your homework right and things don’t head south, selling and paying taxes rarely makes sense.Austin had the right ingredients in place for a long time, even prior to 2004 when I began buying there.

That is a cardinal sin.You should look at marketing the same way you look at the contents of a fruit salad.In a fruit salad if the only ingredient in the bowl were apple slices one would have a hard time calling it a fruit salad and only those who liked apples would enjoy the presentation.

Make sure the numbers work long-term also - including repairs and cap ex.After 2 properties you will end up with 6 tenants so this isn't the simplest strategy. 

So many people, well known people in the real estate biz, have said real estate is one of the simplest investments you can get into once you fully comprehend the basics. 

As long as you are Sure you qualify, the house will appraise and title is clear, it's the simplest, cleanest way to handle it.