LOL, bet by now you can tell I don't care for slumlords.

While I agree that there is much info already on the site, I don't agree that just reading is your best bet.

Your best bet is the gov's program, I think it is called homesteps.

From what I've seen going tile might be your best bet in the south.

If you are set on La Quinta, perhaps multi-family may be the better bet for long-term cashflow.

After the bank fiasco you can bet an appraiser isn't going to put his tail on the line and be duped into giving a higher appraisal than is justified, and in fact, most appraisers are being extremely conservative, so if you can't show "real" value, walk away.

But, not only is it not easy, it's probably one of the hardest things to do in real estate -- make money when you have no money by finding deals that are so good you can pass them on to another investor at a mark-up.I'd be willing to bet that 99% of the people who come here wanting to wholesale never do a deal.

I interpreted it as insurance is your best bet against financial loss and the entity is your best bet to make the path to a lawsuit "difficult".

If they will finance that, that would be best.Your estate attorney I'd bet can do this for you.

Nice one by St. luke's for around 100K rents around 1600 i bet.