I just filled out a simple 1-pg Articles of Organization form and mailed it in with $100.

I've joined the Neighborhood Organization even though I don't live there, and volunteered as the webmaster.All the active neighbors (15% of the 'hood) know that I have rentals, am always buying, and am keenly interested in improving the neighborhood and property values.

BUT, what it does do is keep a large group of people with a lot of jobs, responsibility and money flying around, organized and together.

Partner with a non-profit.

One thing about school is that it will help you better quantify and organize the ideas behind what is going on.

I figure if marriage comes up we'd have to adjust the organization.

The reason is because I feel I can do a good job of tenant screening and organized documentation of everything.

Low Down Payment: FHA loans have a low 3.5% downpayment and that money can come from a family member, employer or charitable organization as a gift.

Congrats to Phil for organizing this.

Heck, I hear about people that go to college with a dream to ONLY work for a non-profit institute.