Once I find someone who wants to sell, and we agree on a price how do I obtain the real estate purchase agreement and know that I'm doing it safely/legally.

The last 14 units I've purchased have all been off-market deals obtained through networking contacts. 

But I didn’t.I felt using 6% was a “conservative” approach to exit cap but I won’t know whether 6% was “conservative or optimistic” for 5 years.We obtained a 10 year fixed rate note at 3.95% with 20 year amortization 65% LTV (the bank would have given us 75% LTV) from a local bank.

2 things that put you ahead of the pack of most new investors - You are working on obtaining a pre-approval which will help you narrow down your search by area, property type and amenities available in your desired price range AND you already have a working relationship with local Realtors.I'd strongly recommend narrowing your list down to 1-2 Investor-friendly Realtors who understand your long-term plan. 

You will also obtain the benefits of new appliances, among other things that come with a new home.

Any advice on obtaining a HELOC on an investment property in the current lending climate?

The roof structure sometimes can be an issue when obtaining coverage... it depends on the carrier.3.

If you really are offering (or know if someone) to help set this up, I would be willing to pay--once I obtain my next property.

Hi everyone,I'm starting the process of obtaining my certified contractor's license in the State of Florida and and plan on enrolling in an online study course.

HELOCs can be a great way to obtain inexpensive money to fund deals.