David,Look at competing homes that are listed for sale.

Puts the new player at a distinct disadvantage.If you actually want advice as to what to purchase, what's a good deal, etc. this is available for a fee.

That said, our relationships with the listing agents has given us some great advantages.For example, we've had agents tell us what the competing bids were, tell us the price the bank is willing to accept, tell us that a price drop is coming, give us names of others who bid so we could potentially wholesale, etc.It helps to have your license so you can talk to them directly without having to need anything from them.

Anyone have a link to a list of the lenders that are taking the newer bailout? I know its not all of them but I need to figure out which lenders to stay away from in addition to BofA now.

A recent lender told us str...

We know most of the REAL players and have a system in place designed to create competition around your sale.

If in your market you are competing against others who are offering to pay them, chances are they are not doing it in writing.

I'm looking to buy general liability insurance for my LLC and also buying Renovators insurance for each property we buy to flip (overkill, i know, but I'm a conservative player.

Well then your most likely competing against retail buyers.

This O/O scenario can work well for some if they understand the risks of living so proximal to their tenant.Assuming that you: (a) have met with a competent attorney concerning the legal exposure and/or (b) have operated as an O/O landlord previously.If either/or of the above are untrue - it may do well to consider expanding your business team.

I understand the need to consolidate this so that you only have one person answering to you on this, but the expectations you have are very demanding, and thus would be pretty stressful on even the most competent employee.