The broker is due to send over legal documents to prove annual revenue and net profits within the next couple of days.

I've held rentals in the past but when the market turned in 2008, lost those properties as hadn't bought them low enough weather the financial storm.Fast forward to today, I'm excited to study and read all the available information on Bigger Pockets.I'm starting in my own area for my investing.

Unfortunately, I've seen this happen.If you lent to the LLC, there's not much you can do unless you can determine and prove that they commited fraud in their dealings with you.

You might paralyzed if you study too much but take too little action towards your goals.

Make the offer Once it is accepted you have to open escrow with a closing attorney.You proved the escrow attorney a copy of your contract along with an earnest money deposit.You should write in  an inspection period on the contract.

Take your time to study areas that fit your market segment.

Hi everyone, I’m going to study at the York University in Toronto next year and I’m the whole reason for me going to Canada for my university is to start my own rental real estate business (I’m planning to start with buying properties near major universities) there.

One can not convert a motel (c1) into multi without a rezoning, traffic, impact study by the City.

They generally just want to see a photo of it to prove that your agent has it in-hand.  

I will definitely study the documents and ask for bank statements.I haven't talked with the tenants, will do!