It is also possible once I switched from the $499 annual my placement in searches was lowered even thought I have 40 5-star reviews.  

Pretty big "drop off" from A to B.....I guess to make "A", as a landlord you have to do everything and anything the PM wants and be willing to pay any price for it.....and feel blessed and honored that you get to pay the PM their fee every month.....and not hold them accountable for or question ANYTHING...... which may be all fine and dandy IF.....IF...... your PM is also an A class ..... if they are a mid/low B or C, then you will get screwed in one way or another.Being a PM can be a really hard job....or it can be easy $$ if the units is basically on autopilot for huge stretches of time etcJust like ANY profession....there will be rock stars and there will be incompetent morons Until you prove to me you are a rock start, I guess I'm not making the A list.

Fortunately, I waited to send the request until the guest had already given us a 5 star glowing review, so at least our ratings were not affected.

After hearing about the BP podcasts, I finally decided to quit eating Doritos while watching Dancing with the Stars and take action!

So main lesson is get a rock star agent or if you find yourself in my shoes ask your agent-friend to get a Rockstar agent to partner with them to split the commission on your purchase.

In the short term, that might just mean pithy comments and references to movies starring Seth Rogan...

While there is money to be made, something like 80% of the developers eventually go bankrupt.Probably not a place to start, but a place to finish when you've made a ton of money in other areas of real estate.Best way to learn is probably go to work for a successful developer in the area....Blue Star, Craig Hall, Trammell Crow, Hillwood (Ross Perot), Centurian American, Billingsley Company, Woodbine, someone like that.These are the people who have been doing it for years and have billions invested in North Texas.

Essentially the program comes in two pay levels:The first level gives:a mentor assigned to youstudent support classesaccess to the association's buyer list (over 20 years of growth)free negotiations on short salesclub membership for 6 monthsall deals the mentor helps put together will net you 50% of the profittransactional fundingticket to a 2-day boot camp about everything real estate investor6 months paid access to lead generating software (similar to list source but catered to the south Florida market)The second level gives everything the first level does plus:free setup and filing of corporationalta star subscription for one year (site used to download all contracts needed that have been licensed by Florida REALTORS and The Florida bar)funding for rehabsproof of funds lettermentor assisted seller presentations1 year paid association membershiphard money for dealsspouses can join freebusiness cards with investor kitone year paid access to lead generation softwareEssentially the first level is more for wholesale flipping and the second level is for rehabbing.

Take your pick, from pork bellies too mortgages, so to speak of the risk factor there is like saying it's headline news that starring into the sun can harm your eyes. 

But hands down, you got a big gold star for that financial creativity :) in fact, it's possibly worth mentioning to an attorney and a loan officer and get their feedback.