I am learning a lot from BP on how to set up a property management system to begin learning the proper way to structure a rental property portfolio. 

Hey @Al Banfe any reason why you would prefer a local bank over a mortgage broker? 

If the prospect puts up a big wall and is dismissive about their record, that is more of a red flag than the record itself, but if they were straight forward and honest with me, I will know I can trust them.

95% of part-timers fail because of the same reason.

Ususally we buy, live in them, fix up and move on (never really thinking about being an investor, we just liked doing it).

Yes, this has come up in the forums before, so I've looked into it, but I have no personal experience with this company.If my kids were considering this, I would advise against this. 

Hi David,The best way structure this would be with a higher collateralized loan to value loan.There are a few funds who allow up to 90% CLTV.

Well, you and your buddies can load up and come on over for the exercise then.

I’ll look up Marbella to see if it is along our trip. 

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.