I ended up using his security deposit to pay to have the junk removed and house cleaned.In your case, I would make sure they're gone and actually abandoned this stuff before removing it yourself.

There is an investor for just about eery good deal in the greater LA area, so if your approach is wholesale, I would suggest you look at areas that have a higher than typical interest for investors, and where a little hustle on your part can secure a discounted contract with lots of value or your end buyer.

It would be really helpful to know if a status has changed, granted, some realtor don't even change statuses, I see many pending properties listed as available and it's only when you call they say they have a contract on it.

Granted I have a pretty conservative investment strategy.Also, can anyone recommend a loan originator in my area?

Granted without knowing much else I cannot really tell you.

I'm not necessarily looking for an equation for success, but merely asking for thoughts on what different vehicles are out there so that I could then go and ask informed questions of the right professionals.Right now, the extent of my knowledge is my banking account, a Roth IRA, a few securities, and my Thrift Savings Plan.

Paperwork wise, you would typically have a promissory note and a deed of trust, mortgage or whatever security instrument is used in your state.

When you do this sort of deal, you are "selling securities".

., necessary to secure a deal, which I can then JV on or wholesale to build capital, to then build rapport and be taken seriously by the industry at large.

If the damage the house-- whether it's 1 person there or 7--, you have a security deposit to make the needed repairs due to damage they cause.I would at least want all persons over 18 screened and on the lease, whether they move in now or later.