@Mike M   AS you well know owning and managing 350 homes is HUGE JOB and from my perspective not a fun one...

So again, you just need to ask yourself, is this person a 100k a year PM?

People also like talking a person as opposed to a computer screen.

I should have met the appraiser in person, as I have heard advised a few different places, but I thought sending along a list of repairs and upgrades would suffice as property values are up so much in the area, and the comps seemed obvious to us. 

I explain in person as well have it stated in the contract that I'm not going to live here I may chose to rent this property, sell it to another investor,rehab and sell it for profit etc & so on.I also verbally explain and have it it writing that I can start marketing the property after the contract is signed (which includes MLS) at this point It can be listed by a realtor on MLS.I market and go into every deal looking for fix and flips which is what my sole focus is now.

I suggest to have a look at this site from 4 hour work week.http://fourhourworkweek.com/2007/12/06/the-persona...

Person A owns 50% of the property.A is the responsible for the mortgage on the property.Person B owns the other 50% of the property.B is not responsible for the mortgage AT ALL; he/she's an non-obligated borrower.If B wants to transfer his ownership to C through quitclaim deed, is there going to be any problems with? 

I forget the name of the company, but there was a guru setup, and my potential "mentor" was not the same person as the guru, who was mostly unavailable. 

Recently, there have been a lot of questions about how to find deals. Here is the short version of how I bought two rentals today (the long version in on my blog).

I was being lazy this afternoon and watching TV. T...

If the home has greater than 30% equity, I offer the person a second mortgage for some portion of the equity.