My firm doesn't have any training or introductory programs so I'm very much in need of any practical information or advice about procedures, forms, etiquette and pretty much everything that's not taught in the books. 

This is permitted under IRS Revenue Procedure 2005-14 for those who would like the citation. 

My originalthinking would be 50/50 since he would be on the ground finding thelots and keeping an eye on the project BUT I am open to other splitsif that is standard procedure for this type of deal.

That list does not exist legally and anyone that would provide such a list is breaking policy and procedures from the company with the borrower at the very least, and Federal law at the most.

FL tax lien certificates take a lot of research, the yields are crazy low (1-3%) for most properties, you can lose your money, the procedure for collecting if not redeemed takes another 3-4 times your initial investment and you can only buy them the first week of June each year.....not appealing to me at all.

I am very analytical and get very excited when thinking about ways to organize and systematize procedures, and the repetitive and well-defined nature of the student rental business is right up this alley.I could go on and on, but I thought it'd be a good idea to introduce myself in this way so that my goals are known from the outset so that we can all get the most out of our networking.  

Does the person who sent the IRS the contract know the proper procedures for getting an IRS loan released?

This will explain the process and the procedures used in buying real estate.

2) One of the concerns a homeowner may have about selling to an individual is their lack of knowledge and trust  -- they don't know the procedure, but if you can confidently explain how the deal will work and refer them to the escrow company rep, you'll have a better chance to make your deal.  3) Don't forget to show them the savings on commission; not having to have the property advertised, and shown. and other advantages of a direct transaction.Best of luck -- hope this helps!

I cannot report them for trespassing ...chicago finest will show up on that beautiful block on 70th and Damen and laugh in my face ..so will the tenants ..and I will only aggravate them to the point that they might trash the place once they will be forced to move out 1 year later by the Sheriff...1 year that's how long the eviction takes. first 90 days notice, then the sheriff need to go out there (who knows when) and give them the notice of forcible entry being filed against them then the judgment..then sheriffs eviction ..I will be lucky of they gone in Sept 2017. cash for keys will not work ...what they gonna do with $2K if they know they can live rent free for a year ...average monthly rent is around $800 over there ...good thing is ...that SFR 3br/1ba brick raised ranch will increase in value...I could make them my tenants ..have them sign the lease ...and hope they miss the payment ..problem is that once I make them my tenants I am responsible for upkeep of the property..what if there is mold in the basement and they develop sudden breathing disorder ?