I believe the LLP is reserved for professional partners, doctors, attorneys, engineers, accountants, not individuals or Realtors, I'm thinking it is limited to those holding professional licenses with the state.

But joining now to hopefully build my local network and continue my real estate education.A bit about me - full time engineer, 5 years of experience self managing properties, currently own 5 single families in Portland with ok cash on cash returns.

Go through the list of your "great offers for jobs" and pick the one closest to real estate field, or banking or loans or even construction and engineering firms.

I understand how the engineering mind works Jeff,LOL, sounds like you are on your way.

Just a quick run down about myself, I'm a full time environmental engineer finally ready to start jumping into the game.

I graduated 2 years ago with a BSCE and am currently working as a structural engineer in RI.

An electrical engineer doesn't begin going into load transfers of power grids, but from how electricity works.

Bill Gulley is most probably referring to http://www.biggerpockets.com/renewsblog/2013/02/09/lease-options/Lease Options are 1 tool in a tool box.Being a transaction engineer is Bill's point.Dont depend on 1 tool.Like Ned Carey said Sandwich Lease Options have risk.If you do lease option assignments, I strongly believe you need the right house in the right neighborhood, good schools, low crime, a desirable area, with a fixed note, not a ARM.I use neighborhoodscout.com to find the best schools and low crime rates.The right tenant buyer with the right kind of income, right kind of Debt to Earnings, and right kind of Credit Issues to be overcome IF you want them to get a mortgage.Underwater houses need caution, as the tenant buyer needs to get the mortgage at a new appraisal in the future.

To you, you believe your business is a 'service' someone else might think working on cars, revving up engines, etc. is a 'service' business, would you want them doing it next door?

Also, have you consulted an engineer as to what type of soil you are landing on?