The thing is, they wouldn't charge a closing cost and take care of all appraisal/title fees etc..Ideally, my goal is to cash flow as much as I can monthly so Traditional Cash Out Refi seems like the better way to do that.

Some counties charge you more money than others on transfer fees or additional expenses you might not be taking into account. 3) Just remember that there is a reserve price in most REOs in auction websites.

It's seems like good exposure to an ideal audience. 

I know i want to wholesale deals first so that i can get a different feel for it all cause the rehabing part i know i can do that hands down i mean remember ive been doing that for years right but should i get my llc ,web site, cread packets , business cards, phone number,ex.... first or just market to find homes for sale with out any type of credability or protection from the llc ?

Remember ... we make our money on the purchase.

Ideally I’d like to be at around 60% financed.

I know that the mid west in general is good for rentals, but I was hoping that some of you who are investing in the area could point me to some specific locations around Montevideo that would be ideal to purchase some rental properties. 

I remember reading somewhere that it was a state of Massachusetts requirement for the property manager of a rental building to post their property management company name (or landlord's name if he/she also manages the building) and phone # on a sign outside the front door of a rental building.

Remember you represent the client if you have a listing agreement signed as seller agency.

That being said, they are both trying to model the future of two or three separate investment alternatives, a truly difficult task, and we have to remember that "All models are wrong, some models are useful" At the end of the day, the inputs and assumptions of the calculations are much more important that the actually math.