Hi Cameron,For this business, no degree is probably better than any degree.Why, because:They will not teach you how to make money in this business.You will spend a lot of time jumping through their hoops vs spending time on this business.Unless you're free at BYU you will have student debt to pay off.The positives to a degree you probably already know, possible job, possible social standing with some people, etc...This business is unique.Hire a CPA that knows this business, and you personally read the IRS rules on Deprecation, and 1031 exchanges.Hire an attorney that knows this business to form your LLC, and read an ebook about how to run the LLC.Make as many business friends as possible in the area you want to do business in by attending Real estate meetups.

I am the CEO of a social media marketing company and I am looking to move into the real estate scene.

(You don't want to make Google mad.)Social media is a great way to drive traffic to your site.

It’s located in one of the roughest areas in town where tenants are usually on social assistance.

It is the only entity structure whose rules allow the business owner to take a “reasonable salary” (subject to social security and medicare) and then take the remaining profit (often as much as 50% of the remaining income) out as distributions not subject to self-employment taxes.

It is the only entity structure whose rules allow the business owner to take a “reasonable salary” (subject to social security and medicare) and then take the remaining profit (often as much as 50% of the remaining income) out as distributions not subject to self-employment taxes.

Also, when I say skill set, it needs to be something that will directly help their business, examples include developing and implementing a social media marketing program for their company, being a deal finder with a concrete plan of how you can find them off-market opportunities, being skilled in excel-macro VBA programming such that you can automate and improve their underwriting process.

(I am not getting anything but names from the seller---he is very sloppy) 1) What info should I obtain—was planning to get full names, work info, phone (the obvious stuff). 2) In terms of social security numbers, do I have to explain to them why I am asking for this?

I asked on the 18th if they had the balance of the rent and was told no (mother's social security issue). 

They seem to be asking $1,000+ to BUY IN Has ANYONE tried using it to see if it has produced results for them in the following areas:1) Ease of use & interface- reasonable learning curve2) Accuracy of the Data (Property owners Phone #s, Email addresses, Social Media contact info, etc.)3) Any hidden ongoing costs?