2) When people talk about putting a house under contract, does this mean they've put an offer in with contingency, or is this some form of creative financing?

Longevity of a good tenant is the really the key to this whole thing called real estate investing (buy/hold strategy).Personally for me I've never bought anything under 100K and rents never under $1200/month to try to capture the "high" quality tenants but I still had trouble.  

@Jonna Weber, I was interested in the area as a place to live for me and my family and I do have an Aunt and Uncle that live in Meridian, so I was scoping out the area for possible investments.

Hello to All,I would REALLLY appreciate any and all Help, Suggestions, Comments, Experience, & Recommendations for me to FINALLY nail down, and pick out a Website Company, a CRM, a Dialer, and a Source for getting Expired, Cancelled, and FSBO phone #'s.So far I have heard that MOJO is a pretty good dialer.  

M2M agreements for me from now on.

If my wife and I form our own LLC how do we make sure our equity partners have equity if they're not part of the LLC that holds the title?  

Also, is having the borrower fill out a residential loan application form 1003 overkill?

The next step for me is to network; I figure I'll learn best from real stories, situations, and maybe most importantly, local market experience.

Thanks guys you really cleared that up for me

Hello Johnson, looking to form a syndicate with investment size of under 5 mil.