Funds are then moved from here into our general account.Since each tenant has a unique card number, we can easily match payments to tenants {I've written a procedure in our accounting software to do this when we download our bank transactions}.

Otherwise, the advice may be incorrect and cause you harm.Every state has unique laws.

I know rural areas and big cities will have unique circumstances; for comparison's sake I'm interested in the suburban type areas in other countries.

I think you have a lot of unique options if you're looking to get started in the Central Illinois area.Have you checked out the BP podcasts?

@Heajin Kim,A 10 percent return would be too low to get the attention of most seasoned investors, especially active seasoned investors.Every Investor is UniqueI believe that every investor is unique in that they must determine their own level of risk and workload vs. reward.

Just because you are busy does not mean you are productive.You are unique and so are your present status and goals.

@Tony Legendre,It is the opinion of this longtime investor that the question you posed is best answered by you.This is because every person is unique.

I don't know that anything about my plan is unique; wholesale while learning and networking, move to flips, and eventually get some rentals.

The results will be legally drawn up agreements for your use.Every state has unique laws.Every state has unique legally acceptable legal forms with legally acceptable legal language for that state.Just they way you communicate with a tenant is regulated.

If you have children, have you ever said, "if you behave you can get that toy?"