I would like to start building a few relationships with agents around my area and am a little stuck.

Definitely jump in and start building relationships!

This really depends on the relationship you have with the investor.

Thanks so much for sharing your guys historical experience!

If they cannot bear they fact to lose money, I will give them a promissory note at 8% so that if the deal becomes a loser, the loss is only on me and it won't harm the relationship with the friend or relative.

Building great relationships with the REO agents is the best way to get into the properties if you are not licensed.

Definitely jump in, ask questions any time, send colleague requests, and start to grow through the relationships you'll build!

Option B: Receive cash-flow and immediately feed it to any notes payable, essentially converting current assets to fixed assets (equity).Both options contribute to the Total Owner's Equity at the end of the day.Cash Pros:Liquidity, especially when you need it.Cash Cons:The dollar historically get's weaker over time.Equity Pros:Real Estate historically get's more valuable over time.

Below is the historical 30 year mortgage rate during your loan origination timeline:July 25, 2013 4.31%July 18, 2013 4.37%July 11, 2013 4.51%July 3, 2013 4.29%June 27, 2013 4.46%June 20, 2013 3.93%June 13, 2013 3.98%June 6, 2013 3.91%May 30, 2013 3.81%May 23, 2013 3.59%May 16, 2013 3.51%When you locked in your rate, you were 1.0% above market.

That too is not as high as it has been historically http://goo.gl/nzyMhh.