I'm looking forward to having access to the MLS, giving me the ability to accurately comp and find details on pre-foreclosures.I'm also attempting to wholesale since it's 'low-risk' and 'low-startup.'

Right now you have to be a "sophisticated investor" in order to take advantage of these opportunities but it appears the the JOBS act will loosen these restrictions..if the SEC gets off their butt.

Unless you've got access to that capital up front there really isn't a fast way to achieve that number.

For me at least, I couldn't do it with an out of area mentor or coach, I wanted good access to the person and the deals, put my eyes on it, but I'm in Houston, which has a lot of inventory, I don't know where you live, if the inventory of coach mentor and deals will support it , or your risk tolerance for something that isn't local to where you live.

Essentially, it's an iPhone app that will recognize the property that you are at (with location enabled setting) and provide the user access to a property profile, comps, tax info, and the usual title company online services.

Here's the skinny: by the time I got the deed recorded and gained access to the property, there were no tenants left.

Otherwise, you're competing directly with the investors who have access to the MLS, and they can afford to pay more than you can.

All evictions in Massachusetts are public records and there is a web site in collaboration with 6 Landlord Associations and Property Owner Associations at http://www.HousingCourtSearch.com that I strongly urge you get involved with an association to gain access too.

For example if I have a 3 million dollar complex and I get 10k a month off of it what benefit is there to keep some of that money tied up when I want access to all of it?

I wish could see all the listings on Loopnet, but alas I don't have Premium Subscriber access.