People are doing it and they are not using magic.  

My guess on your folks long term success would simply be the magic formula of rising rents over time, reducing debt (and increasing equity) as your tenants pay down your mortgage, and in, many areas, handsome price appreciation....Over the long haul it has been an effective formula for many investors even if you can't articulate it (the home prices and rents have just gone plain gone up over 30 years...)Best of luck Philip....

The targets also see our listing so they call us to see who's legit.They use the owners name in the ad, and an IP phone number (like from Magic Jack) that you can program yourself or change as soon as anyone gets curious. 

How long did you search for this "magical" property, haha?

This thread is magical hahahahahahaha

But buying with 0-Down is not a 'magic pill' to make you rich. 

You can achieve the same benefits of the MLS (it's not magic by any means) and more by finding an investor-focused firm - who is not actively investing for their own account (you don't need competition from your resource) - and staying focused on running your core business. 

Creating an LLC to form a magical bubble around this "ASSET" that you intend to milk dry is not an LLC.  

I'll leave the tax question to the tax pros, but gifts of equity can indeed make magic happen.

Once I have some really great answers to this question, I will create a new thread in the new FAQ forum, and through the magic of computers, make it appear as though these amazing answers all came in order.