Hey Donna - I assume you belong to different REIA organizations there in San Diego and hopefully you belong to the largest REIA in that area.

(b) Notwithstanding subdivision (a), a manager of a limited liability company may agree to be obligated personally for any or all of the debts, obligations, and liabilities of the limited liability company as follows: (1) If the agreement to be so liable is set forth in the articles of organization or in a written operating agreement that specifically references this subdivision

With some work, you can dig through public records and find real buyers.

Here's was my Pre-Purchase Checklist when I first started:Upon Contract AcceptanceEnsure Access to Property: * Make Copy of Property Key(s) * Purchase New Lockbox * Place Key(s) in Lockbox and Install at Property (hidden)If Certified Funds are Required for EM: * Get Certified Funds for EM from Bank * Submit Certified Funds to AgentIf Financing the Purchase: * Send Contract to Loan Officer * Provide Loan Officer Property Info * Connect Loan Officer with RE Agent Info * Have Loan Officer Schedule Appraisal * Make sure Loan Officer Knows Anticipated Closing DateDue DiligenceInspections: * Turn On Utilities for Inspection (water, gas, electric) * Schedule Termite Inspection * Schedule Property Inspection * Attend Inspection and Take Notes for “Scope of Work” * Get Final Inspection Report and Review for “Scope of Work” * Get Termite Letter/Pest Inspection ReportContractor Prep: * Create Scope of Work * Create Materials List * Determine Which Contractors Are Needed: * GC * HVAC * Roofer * Electrician * Plumber * Pest/Termite Control * Painter * Landscaper * Carpenter * Schedule GC Walk-Through(s) * Get Contractor QuotesPurchase Decision: * Perform Final Financial Analysis Using Estimates/Quotes * Perform Both Flip and Rental Analysis * Make Go/No-Go Decision on PurchaseUpon Contingency FinalizationFinal Purchase Prep: * Get Closing Date from Lender/Agent * Arrange Landlord Insurance Policy * If Financing, Connect Insurance Agent with Loan Officer * Follow-Up on Appraisal with Lender * Choose a General Contractor * Choose Sub-Contractors (if no GC) * Determine Exit Strategy * Create Rehab Schedule (if no GC) * Create Final BudgetPrior to ClosingFinal Loan and Closing Prep: * Obtain and Review HUD-1 * Obtain and Review GFE (if financing) * Ensure Loan is Ready for Closing (if financing) * Get Certified Funds for Closing * Determine How to Hold Title * Get Partnership Agreement Documents Signed (if partnering)Upon ClosingDay of Closing: * Get Keys * Change Property Tax Records to Home Address * Get GC and Sub Contracts/Docs Signed * Arrange GC and Sub Start Dates

(mortgages don't get lost if they get recorded, the note does because it is not).

How's this for a "situation":The owners of record are elderly, are divorced and never did a property settlement, so they own property together.

Go down to the county recorders office and look up properties that sold.

OMG, skip the stock market at all costs, unless he likes to gamble and rely on others to determine his future.Take serious courses in commercial real estate, then pick an asset class with the best current track record in a great market (NOT Las Vegas, MI, etc.) and plop down the 20% down payment on a mobile home property.

Surely your time is valued, so how do you organize your time, what is your routine, just anything us young pups can learn from...Reason I ask is, I'm working professional, work 50+ hrs a week, who wishes I have more time to focus towards my short and long terms goals in RE investing.

Do I have to be a paid member of some website, go check county public records myself, or maybe pay a list service?