I am interested in starting to acquire rental properties in my immediate area (MA 02375) to hold and generate income.I'm close to making my first deal and out looking at all types of residential single & multi-family.I'm looking at cash and leveraged deals for myself, but would also be open to private lending for those that have a strong track record of success.I have written down my plan, assembled a team and am actively looking at properties every weekend with my broker.I am also investigating checkbook IRA LLC's and solo 401K entities to expand my portfolio.I'm just finishing up Brandon Turner's audio book on Rental Property Investing and look forward to interacting with this community!  

It only took a couple hours to assemble and it really made the house unique.  

That's a priority decision you'll need to make before you get started.The other option is to self-assemble a team (agent, contractors, marketing, property manager etc) from afar.

Help him assemble a team, manage where his money is going and set up some deals!

The brokers and investors with decades of experience and hundreds of millions to billions in closed transaction volume have the knowledge and experience to know what is reality versus theory.Before assembling all these people for a team make sure what you want to do is practical and an actual fit for your goals. 

The full service property managers in Killington want up to 35% so I had no choice but to assemble my own team.  

I have access to JD Power's NADA for manufactured housing, and brand new homes off the assembly line drop in value very quickly in the first few years. 

We have spent $10K on a 3 bed 1 bath to furnish (including furniturr assembly and photo shoot) .

Also, I have been to my first county auction to begin assembling my local cash buyer list, and have joined the local REIA.

It's been a harsh but important learning experience.ASSESSMENT  My first big task regarding REI is assembling my team.