Be prepared to follow up with sellers and fight to get the deals on every real opportunity you can find.

You can learn a lot if you prepare yourself.

This usually comes out to an $800/year fee plus the requirement to file a CA LLC return (Form 568) which has its own preparation costs associated with it.  

Just be prepared for the worst.

They now consider that my partner has no cause for a hardship exception and, with the rental cap met, they are not entertaining requests to rent - the rental wait list is about 1 year.We are preparing an appeal to the members of the board since according to the declaration, the decision ultimately rest with them, but we are not optimistic about the prospects of them deciding this in our favor.

Prepare a script and follow it.

just ball parking numbers but if you get your PITI payment closer to $700 a month and rent the other side at 650-700 you can live in your side free or very little and prepare for expenses i.e. $0 cash flow with free rent less your downpayment and CC for about $30K.Since you are in contract you have much to consider during your walk period.

Of course, you can enforce your original lease, but then you would need to be prepared to go the next step in enforcing it.  

We are soon attempting to using Rent Manager for a trial as soon as I get out of preparing all the 1065s and K-1s for 2014.

Which lenders (in Chicago) is prepared to provide loans to foreign nationals at 60% LTV ratio.