I'm looking at this as a straight business analysis - a rehabber who wants to analyze whether they're getting the comps right and studies track records.

In the letter of introduction we tackle some of those fears straight on.Even if the rents are below market when we purchase, we tell the tenants we will not be raising the rent at this time.

Gallinelli's book is a concentrated, straight forward guide to what you're looking for to analyse properties.

I call one of the numbers and it went straight to voice mail,Joe Gore

If you want to rehab and rent, then find someone that understands what it is to rehab for rental holds (Yes this is different than Rehab to flip, and straight rental)Also, you want someone that has experience in the eviction process if you want to be a landlord.

You aren't in a position to play hard ball, they will eat your lunch.Play it straight up, put tenants in and rent it if you can, otherwise I suggest you head to the shallow end where you don't get in over your head, no offense, but those ideas were pretty much speculation with an imagination. :)

The hard part is combing through lists that are sometimes 30pgs long(tax delinquent list straight from the county)which could literally take hours or even days.

It really seems like you've got your priorities straight, have done your homework and are ready to get the ball rolling.One thing that helped me get my first deal done was to set clear and measurable goals to keep myself accountable and on target.

And if he's using a self directed IRA account, then there is a UBIT tax that is outrageously high.It may be best for him to just make a straight loan involving interest and points, such as a flat 12-14%, or 10-11% + 2 points, something like that.

Its how it was done Pre 08.As you know the sentiment here on BP from the Old Guard and heavy contributors is DIY learn here and then go DIY you need no Guru at least that is what I get from being on the site less than a month.And lest one of the Gurus or turn key guys with less than reputable presences tries to troll here for bizz they are flamed straight away.