My wife got her license strictly for our investing but found an agency where the broker was incredibly helpful in teaching her a few things.

The commercial banks that approved wanted to move the loans out of the LLC and put the loans in the individuals names.

FYI - Just called 'Jason' at www.bloodhoundllc.com and he found the individual I was looking for, in another state, and even had his cell number.

If the LLC takes out the loan in an arms length transaction, then you have more protection against the creditors and individuals involved in the liability in that situation limited to those assets in the LLC.

Or can teach you the one thing that puts you over the hump?

I understand that the 50% rule of thumb is based on surveys in which individual expenses for rentals add up to 45-50% in the aggregate of which taxes are around 10% of gross rents.

At some point I wanted to view an individual's profile.

I don't want to go to someone to "teach" me everything right off the bat.

I'm really glad to see another younger person involved in real estate and investing.I pretty much have the same situation as you, my mother is supportive, and no one in my school of 2500 students has a clue what any of this is.I'll tell you, from my personal experience, people (most the time) view you as a very driven individual and are impressed.Ive yet to receive a negative experience due to my age.unfortunately, I'm only 15, but my mom is willing to sign my contracts and basically be my business partner.Starting out young is the best thing you can do, you can re-invest many of your profits since you don't have debt or a family to feed.Congratulation's on your investments ($5,000 is pretty decent for 17)and keep learning.

I’m looking to find a mentor, preferably local to teach me the things I can’t learn from a book or seminar.