Max,I just entered the NW Indiana market.

I had my CPA's people enter all the data so I do not have to deal with the headache.

You gave very little info, so I don't know who you're thinking of entering into a contract with.

But, it seems your best two options are:- Enter into an Independent Contractors relationship with the bird-dog and pay him a commission that is 1099'ed at the end of the year;- Create a business entity and hire the bird-dog as an employee.

What I don’t have and don’t get is the financing. 100% financing seems to have disappeared, JV financing seems to be too rich, and nobody seems to want to enter this arena!

I tried once but after realizing people might enter bogus numbers just to see other people's rent, I decided it's not worth the time

Those are standard conditions that I would not enter into a contract without.

The planet is in a warming trend, and will innevitably enter into another ice age - the question is not if it's happening but when.

I enter a search under the name field of all banks I know of in my area to locate REO properties.

Subject-to purchases are good for entering real estate positions using short or intermediate term financing.