Compliance requirements are so extensive no Broker will ever be in full compliance therefore if trust deed investor suffers a loss, recovery is a virtual guarantee, as long as Broker has dough.Most Brokers will have trust deed investor fill out required Department of Real Estate form, put it in the file without ever looking at it and everything will be fine until they aren't fine.

If any property rents for more that above quote numbers the odds are as soon as it gets colder and they have to pay the $200 heating bill on another cousin dies (which happens every month) you will not get the full rent amount or any rent at all.The numbers can still work well if you don't ask for top dollar rent and it will be more sustainable as the tenants will likely stay longer and you wont have risk of break in while the property is vacant.Thanks for reading.

Most any wholesale company wont turn you on to their repair person as they will most likely work for them only.I use a very creative approach to purchase my own homes with zero down.

I was using worse case scenario as them being against our personal taxes so I could compare the 2 but if holding for a year wont make a difference then there is no point considering that company.

page=1#p680131http://www.biggerpockets.com/forums/48/topics/72884-clasisfication-of-class-a-b-c-d-mfh-and-apartmentshttp://www.biggerpockets.com/forums/311/topics/79967-a-b-c-d-property-rangeshttp://www.biggerpockets.com/forums/12/topics/74003-2-rule-wont-work-in-my-market---now-whathttp://www.biggerpockets.com/forums/52/topics/92396-how-to-classify-a-neighborhood

If you are also getting financing you wont be able to get a loan without a job, and you will more than likely need 2 full years of rental income on your tax returns to be able to count it when you qualify.

This game is invaluable, one of the best tools for trying stupid stuff & not suffering the true financial consequences.

Seehttp://www.consumerfinance.gov/regulations/ability-to-repay-and-qualified-mortgage-standards-under-the-truth-in-lending-act-regulation-z/ RMLO = Registered Mortgage Loan Originator - Fed Designation, not state, you need one if you do NOO financing (sorry thats Non Owner Occupant Financing) LO = Lease Option or Loan Orginator - Officer LOA - Lease Option Assignment - Something to do with a low equity deal Sub2 - Something better to do with a Low Equity Deal Sub2 and Land Trust - common practice DOS Clause - a manageable risk with the Sub2 deals SW SW SW - Some Will, Some Wont, So What, the REIs Credo I was LMAO tying this..... ---------------------------------------------------------------------------------------------- For the real new REI..

@Jacob Coates welcome, and id say the best best thing you are doing is forming a plan, and starting ASAP, thats one of the biggest parts of investing. first off, ill ask where you are currently deployed, and how that is going to affect you next 3 years investing. if you are in the states, this wont make things as difficult, however if you are overseas, i personally would be reluctant to get my feet wet by proxy, unless you have someone experienced and dependable to help you. i wont give you the whole wall o' forum post, so why dont you tell us specifically what you are most interested in, what questions or concerns you have,and how your business plan is coming along.also the gambling aspect was intriguing, i assume you are talking about counting cards?

It is highly unlikely that all the markets I am in if I am diversified all across the country will suffer the same kind of equity loss if another market crash occurs.I will endure a property management fee to have my properties looked after to keep portfolio diversified.I am sure there are pros and cons to this method and I would love to hear them.Just my .02 cents.