Concentrate most of your efforts on getting good links to your site.

I'm not saying the IRS is looking at this as a priority to enforce but, if you think about it, the technicalities are easy to break and most of the people doing it are concentrated in a handful of companies.

Also consider advertising expenses such as signs, print advertising, etc.If they give you a company website that is nice, but concentrate on getting your own site.

What kind of property should I be concentrating on?

This is why FSBO's are usually concentrated in the lower part of the market.

Also look into:- Bookkeeper (hire someone) so you can concentrate on building your assets and equity- CPA advisor (not just tax prep) and at least meet with them every three months with your financials- Real Estate Attorney - may sure they are in sync with your CPA Advisor- Tax Preparer - could be an EA or CPA.

Investing with no savings, no income and no credit is not realistic.I would advise you concentrate on establishing a good solid employment income and living a frugal life style to save every possible penny.

Although, you can do all of your own filings, I'd rather pay some money to have someone do it right so I can concentrate on other things.Your operating agreement is another thing and that depends on what your needs are.

Weakness again was concentrated in the northeast.

I am a first time investor and I want to concentrate more on getting the home and market right and do not want to worry about buying a property and work on it and rehab it.