By understanding a variety of ways of structuring investment deals, you will not only increase your knowledge, but you'll become comfortable crafting deals of your own.In many cases, a mentor will work shoulder to shoulder with you in the field and explain to you why certain strategies may or may not be appropriate in a given situation.

if you absolutely want to find a potential seller (or sellers) and learn more about the area your trying to buy in - here are a few tricks.what would you rather have - a list of 700 names on an excel spreadsheet from the local tax base - or a list of 40 names of real sellers that you crafted yourself.a few tips -- pinpoint the area you want to purchase in.drive around that area and write down every rental property that has a hand scrawled for rent sign.

Or did you read Edelman and then contact your attorneys to craft a plan to follow some of Edelman's recommendations?

That night I crafted a couple of different options for them.

The area we have targeted is where we grew up- so we know it well, and has better projected revenue for us- the area is growing and alot of commercial investors from NYC are putting money into the community: parks, arts/crafts store fronts, cafes, restaurants.

I'd say its really only for a larger investment company - and thats only a guess for them.This program is really useless and poorly crafted.

Sometimes, it can be very meticulous for some landlords and costly in the end, as many changes are required to meet their requirements.However, if you can get it all done, then it should be no problem.

@Angelo Evangelatos I wouldn't form an LLC just so you can use it in your elevator pitch because you can craft your story without having a company and still sound legit.

I would expect an agent not versed in legal law to use such a letter or craft it.

- Get some local REI guys lease crafted per local laws, not the off the internet lease.- Use postlets.com to push to every rental site except craigslist, and craigslist, lots of pictures are a must these days.