We are getting through all of the paper work right now but within the next week we should have our LLC formed and funded.Now that we can finally focus on finding properties and not the structure of the company it is starting to feel a bit like we are forgetting something.Our team includes:Acquisition:I am a realtor so I have access to the local mls; my partner and I can narrow it down to a few properties of choice.

After doing this for a while then I got access to the MLS and now mostly do it myself although if I don't feel confident I will still hire the appraiser.

I always keep my radar up on potential revenue streams or other value add opportunities.Seems though that cities and counties have a great many more restrictions now on cell towers making it harder to work with cell phone providers.

Danny Chan: I have MLS access in San Diego.

And some sellers will put in deed restrictions that limit your ability to re-sell the house for some period of time.Better to get out there and beat the bush for private sellers.

While they can also give you bank and CMBS quotes, a correspondent mortgage banker is typically the only source that you can go to for access to loans from life insurance companies and the government agencies (Fannie Mae, Freddie Mac, and FHA).  

Ellen Bouton, Kim Knox is right, you need to go through your existing contract and see if there are restrictions on selling w/o paying it off, or with paying it off.

I remember reading over the summer that the census is going to introduce a way for developers (an API) to access the data directly.

The bank won't allow assignable contracts, purchaser can not be a land trust(or corp. in some cases) and many will have a resale time restriction.

However Iwas warned that in the even of an eviction, if the tenant has access to owners bank account and the tenant deposits money after eveiction has been filed, it would stop eviction and cost me more money.