@Michael Hayworth ...Well, it seems you had to learn this particular lesson the hard way, rather than having read it already on BP so that you wouldn't have had to learn it via your having to experience this yourself.The lesson: there are a number of reasons why using an agent to perform tenant selection can be detrimental to the landlord.The incentive structure for realtor tenant placement isn't aligned with best outcome for the landlord; the commission is the same whether one or five or fifty prospective tenants are evaluated - expect the agent to do the minimal effort since that still gets them paid the same.The lease an agent uses will be the standard lease that agents use; usually that lease is more concerned with protecting the agent rather than protecting the landlord.

Do your homework upfront and align your investment with good operators.Great job!

You need a business checking and savings account, similar to accounts set up for gramma and grampa's revocable trusts (banks do these all the time).I have had clients get 401Ks set up in less than a week, but Jupiter must align with Mars, Moon in the second house and all that.So, in brief, I would recommend a solo 401K with your mom as trustee, opening accounts at a local bank.

Keep grinding and the planets will eventually align for you.

I didnt agree with this philosophy and did not attend for this reason.Find a responsible PM firm that has a model that aligns with your own.All the best with your investments.

And yes I will be sure I provide 30 days written notice that I wish to not renew (or to speak individually with them and give them the flexibility to move out earlier or align our dates based both their ability to find a place and my ability to move back in)@Dominic Jones - hopefully these responses were as helpful to you as me. 

For a long time (the past 50 years or so, inflation adjusted home prices diverged significantly from nominal prices, but in the past 25 years, the curves have started to converge, and are now pretty much aligned: http://mysite.verizon.net/vzeqrguz/housingbubble/ In my opinion, if you believe inflation is a given over the long-term, then you should assume that real estate will appreciate over the long-term.

Let them know your strategy, your goals and what your business plan is to ensure that your business plan aligns with theirs and you can both work towards the same goal.

ManuelThere are four very broad subjects that you will need to discuss with a financial adviser:A plan for creating and growing your wealthA plan for protecting and preserving your wealthA plan for the distribution of your wealth during your lifetime in a way that meets your goals with a minimum of taxesA plan for the distribution of your wealth after your lifetime in a way that aligns with your goals and wishes with a minimum of taxesThere are a great many facets for each of these steps.

However, is it advisable to engage different broker lenders simultaneously to secure the best option that aligns more with my interests?