According to Anthony Ascuitto the developerCons: it’s new and not established.

An entity should be formed - LLC or C Corp. in which each has equity - the Operating agreement establishes who gets what, how and when.I prefer a C Corp. as that makes it easy to take profits as Capital Gains instead of Income, and you position can be sold by exchange of share.

The rental stage is much easier.To lower our stress, we limited our search region, hired a property manager, focused on nice areas with good tenants, did high quality fixes to last longer and lessen repairs, and established a relationship with a lender to simplify the mortgage process.

I do know however that corporate landlords don't file forms saying they want to move into a tenant's unit as a way of evicting them for fear that the established path for nonpayment of rent does not work.

Hi Ned,I made the claim to the insurance company.I don't believe that I had established service.

Starting out and looking to establish a long relationship with Private money lenders local to my area.  

This takes years to establish yourself.

This not only got her started in a house of her own but also gave her a big boost in establishing credit.  

Because you don't have a primary residence elsewhere, you could establish whatever place you buy as a primary residence, which would likely allow you to Airbnb (or short-term rent) your place while you're on assignment.

@Peter Schaub  as it relates to most of the BP wholesalers I think they fall into a two categories.. ones that are established and can close if they need.. and the beginners who have no hope of closing unless they resell..