We are both bilingual, and being here in Phoenix it should help expand our tenant/customer base.I will get my Arizona real estate license as well, in hopes to expand my capabilities.

Not over your head at all...Congrats - you have some good ideas....What I would suggest is a prop that is lower than market based mostly on cosmetics...flooring, paint, minor drywall, possibly cabinets, etc...you can get substantial discounts & still get the 1st time buyers rates & programs & such - then hold for a few years & possibly rent it out....or another option would be HUD foreclosures - they have (in our area at least) a 10 day "owner occupant priority" - before the true investors can even bid on them....much less competition....you may want to look into that avenue as well - Whatever your method - congratulations...

One agent was marketing a $700K custom restored farmhouse, and said he didn't want to pay more than $100 - and this would have been for a 3 hour shoot with studio lighting in almost every room.

Their customer service and attention to detail is their strong point.

I want the cash register here and the storage cabinet there, an office in a back stock room, an alarm on this case, and a motion detector in the back room...Think office...

Majority of their buisness was pre-built but they have a custom side as well.I think Pasquinelli did the same thing.

I have a customer who bought a property a little over a year ago with a 100% loan (80/20).

I have owned a mortgage company for 18 years and each credit repair company that has solicited us to send them business has started off strong but eventually end up taking some poor customer's money without results or customer service response.

http://www.4closure.info/contactus.aspx Disclosure: I am not affiliated with FLS Listing Service, just a satisfied customer.

Joshua Dorkin I read about this company somewhere online a few months ago and I found their service very interesting being I work at a hardware store and duplicate keys for customers all the time.