How do I go about executing a creation an investment opportunity fund?   

@Dmitriy P. document management, lease creation, maintenance communication, vacancy listing and keeping track of expiring leases. 

My strategy is another form of wealth creation, I'm just noticing the cash flow issue in the short given this economy may be a lot worse than I thought.

If this is not something your tax professional knows already, then you're not with a real estate focused CPA.You wouldn't go to a dermatologist for your back ache and you wouldn't go to a divorce lawyer for your contract creation. 

@Kris Haskins  - I've just read the actual indictment fully:http://mortgagefraudblog.com/wp-content/uploads/20...It would appear that the 5 defendants involved, actively & knowingly participated in the creation & submission of false & fraudulent documentation to secure the short sales - 9 counts of fraud in total, and it would further appear that they were aware of their actions.There also seem to be issues with "declared relationships" (which is interesting as it could pose problems for wholesalers with relationships with realtors finding the short sales on their behalf).

That will make the creation of this new business so much more easy.

The unemployment rate, net migration, wealth, job creation, etc. all matter.

We have been hearing a single entity LLC with no creation of EIN. 

There are alternatives to full time Property Managers some just charge per lease creation, meaning that if you have a tenant in your property with an active lease your not paying additional fees.

NY also has some interesting LLC creation rules - like having to announce in the local paper.