There is also commission splits and extra office fees that I would be subject to if we have to run everything thru her office.   

We are "driving for dollars" frequently these days.

What is in place is lots of liability issues.In two cases I bought subject to senior liens where the lien holders would not provide me with the lawfully required beneficiary statements (Civil Code 2943 et seq.).  

not much, but we update them like it's a flip. that's our downfall and a sore subject. we hope it pays off with longer term tenants and better care of the properties.i used to do the work myself and tackle just about anything, even with a full time job. but with 2 kids that need my attention, i have been trying (successfully) to give the work away. thanks for the encouragement, everyone!

Any animals on the property not registered under this Rental Agreement will be presumed to be strays and will be disposed of according to law, at the option of the Landlord.Any Pets approved by the Landlord are subject to a non-refundable fee of $275/pet at the time the Pet arrives and $25/pet/month thereafter.

For example, you can lend at 10% interest for 3 years and not worry much about the deals as you're secured by property not requiring frequent analysis.OR, you can hard money lend at much higher rates of return ...e.g. 25% per year.  

Wholesalers will often cherry pick comps to make their subject property look more valuable. 

You had a ton of teachers, all probably knew their subject matter well, but only 1 or 2 really "grabbed" you and engaged you.

All expenses are done on a pro-rata basis using square footage as the calculation.If you are buying future properties, some mortgage brokers will not consider future rental income on the subject property unless you can demonstrate experience as a landlord, so being able to show that you were partially renting your home would likely count (depending on the broker).  

I've one many subject to deals and I've purchased many of Foreclosures...but I have not done many probate.Here's the skinny:Last payment was made Oct 1st 2014...owner died October 19th 2014, the ladies mother put the house up for sale and got a contract on it....then someone stepped in and told her that the her grandson is the actual heir to the property and that it needed to go through the probate process first before it could be sold.