Make sure you are offering good deals to investors, or you will lose your reputation in a hurry.

Of course, to maintain your reputation for future business, you need to do everything reasonably possible to make sure this is a successful investment, such as performing a quality rehab, placing a good tenant, and staying in stable neighborhoods that are attractive to good tenants.2) Sell your rental property to a passive investor at a reasonable markup, where you then lease it back from them at a somewhat below market rate.

Reputation is @ stake and you don't want to jeopardize that because of an inexperienced or shaky buyer.

Ok so I'll liven up an older thread, I think it's very relevant to hear the stories of others that are or contemplating going FT into RE.I was never a good employee & had too many ideas so I started a machinery manufacturing co. about 25 yrs ago.

Contact a reputable short sales agent and see if they will give you a cut or have them negotiate it and wholesale it.

I think my local area is actually good, because I see lots of properties (granted, they are manufactured homes for the most part) that will instantly create positive cash flow.

But for the average homeowner, a lease option is really just a way to gain possession of a house while working on purchasing it.Lease/options have a bad reputation because some investors use them to, frankly, cheat people out of the option money.

Conceivably you could use a reputable turnkey (yes, we're all sick of this term) company, but you'll pay their fat markup (probably 20-30%) and won't get yields above 8-9%.I will say that once your team is in place, the incremental effort on each new deal is dramatically minimized, as would be expected.

A reputable agent won't be trying to cheat you out of that good deal.

I have never been in a similar situation but I do know if you plan to continue selling properties on MLS you have to protect your reputation.