Its a really stupid rule especially if you self manage and live close to city limits.

@Carolyn McBride what's your opinion on the Foothill and nearby neighborhoods (close to Fruitvale Ave)?

If you can find one its Millions of dollars since those types of spaces ar3e close to beaches here. 

It's close to Overland Park and a few other major suburbs on the KS side.

Seek legal advice, however, what I understand is that there are really two way to wholesale that is legal in the state of Arkansas.

Welcome to BP, Ryan, and congrats on closing three properties!

You should also request a personal financial statement to better understand their financial health and proof of funds to confirm they have the liquidity for down payments and closing costs.

I was wondering what your experience has been, good or bad with buying rental property in close proximity to the firehouse/station?

When I did end up closing on my first deal, reality quickly set in when I realized I now had to get to work to get rehabbing done in a timely manner.

It got me thinking:In your opinion, what are the minimum requirements someone should meet before raising money from investors (beyond family and close friends)?