Even with his help, it would take at least a year (probably two) to get something set up that would allow me to pool non-acredited investors.If you stick with acredited investors or, better yet, sophisticated investors, you can get going faster since the SEC assumes that those investors know enough to protect themselves.As John pointed out, if I go that route, don't expect to hear much from me about it.Aside from all the set up, there is a lot of paper that needs to be generated, stored. reported and audited just to prove that you aren't cheating a 90 year old alzheimers patient out of her life's savings.

Of course, if I don't want them as tenants, I just clarify the Holdover Tenant issue, reiterate the date they need to be out, and initiate the eviction process on the very first day of Holdover.The key is giving adequate notice as required by local law.

Here are the keys to using a birddog: figure out what kind of real estate you want and be specific (ex: 4-plexes in worker class neighborhoods and no association fee).

So if the opportuninty presents its self I'm ready to go.I'm going to build a career out of RE, I'm just being patient at the moment.

The key in real estate is really knowing people because it is a people business and building a team can take you places (and make your life a lot less stressful).

The key is to have the proper team in place such as a title/escrow company familiar and capable of back to back closings, an attorney, to properly advise you and construct your documents for full legal disclosures and verbiage in your documents, and a quality transactional funder.With all of that, you can successfully complete short sale transactions.

The key is to buy every property at a BIG discount so that you are building a significant net worth as your debt increases.How much cash do you need for reserves?

Like with almost anything, the key to Tax Sales is knowing the rules and strategies to Invest with Success.#1 Tax Sales are SAFE, #2 (ROI) Returns are GUARANTEED, and #3 All Tax Sales are GOVERNMENT MANDATEDSuggestion: Attend a Few Sales at the Courthouse in your neighborhood.

Check out the neighborhood; understand the comps; determine any repairs needed; look at the leases; etc, etc, etc.However, assuming all that is satisfactory, the key point with rentals is to make money.Here is how I see your potential deal:Gross Rents: $3,890Operating Expenses: $1,945NOI: $1,945Mortgage: ($99,900, 30 yr, 8%) $733Cash Flow: $1,212 or $151/unit/monthThis is an EXCELLENT deal from a numbers standpoint.

Thanks, MikeThe key to advertising is consistancy.