Would we pursue it in CA, MS, or FL?

Cam,If you follow the post's on this site you will find the 50% rule - that most people seem to like regarding rentals.

Cam's "No Fee Funding" is for when your buyer funds are already at the closing company.

Some months will be winners, others maybe not.With that said, having an on call property manager MAY be considered a CAM charge and MAY be able to be passed along in whole or in part as CAM.

About two years ago, a broker here was doing this, he couldn't cover the loans, investors were feeding other investors, notes cam unglued and he is sitting in prison.And, no, not just anyone can do this, the basics get left in the dust quickly and it will require financing skills, RE skills and social skills that not everyone has, much less the money to back them up.

No IRA...........still have 450,00 that I cam use for losses against capital gains in the next five years.  

The lender or servicer takes out estimated reserves for TI and LC's, property taxes, estimated cam re-imbursement, mortgage payment, insurance.

When I told the support staff employee "Cam" these issues he recommended that I cancel the serviceMy ledger started each property with thousands in debt even though my ledgers were balanced and there was not debt for any property at the time.

I also broke 2 of the cam locks on 1 of the cabinets and I'm having a hell of a time getting new ones from rtacabinetstore.com.

If the leases are NNN then there is a base rate per sq ft and the CAM re-imbursements to pay for almost all the landlords expenses including property taxes etc.