I came across the JohnBecks Tax deed and Tax lien sales advert but Because of my lack of enough fund and experience, I figure it out that I better start REI with tax deliguent properties.

It is simply a report that shows you what is currently attached to the property that will need to be cleared when you go to cash out the seller down the road.You want to make sure that there are no encombrances against the property that are more than what you're paying for the place!

-rent something reasonably nice/small for the wife and I to live in and invest in a smaller apartment building or commercial property-go owner occupied on a cheap 4 unit place(not sure wife will like slumming it-or that I would like the lack of investment/personal life boundaries)-buy a 200k house to live in and invest in a smaller 4 unit-ish sized place-buy a giant 400k house and just fund the IRA and don't bother with REI.

I'm simply using artistic license to make the point that "everyone" is doing shortsales.

I look at it like this:I GOTTA DO SOMETHING..........If i keep waiting on the "agent" that's all I will be doing.....waiting..If u want something done do it yourself......regardless of your lack of experience.....I can read and do know how to use google.

I know each deal will be different but until you have formed the LLC, can you collect the fees in your name only or is that simply not recommended?

Why leverage any of the properties and simply not go for f & c ownership given my scenario above?

Simply means you offer something free and include the cost in the selling price.I once saw an open house offering a FREE specific new car to the successful buyer.You need a way to separate your property for sale from others.

However, I know of a guy who simply writes in his own assignment clause or simply uses his own addendum which has an assignment clause.

Or maybe he is on Meth or just drank an energy drink.It simply seems over the top to hammer these guys for something that is seen in all social circles.It does not matter anyway, most investors never listen and never hear anything other than what they want to hear.