I prefer 1st position notes but certainly understand how others like and do well with 2nds.Initially the concept was very foreign and I often thought 'wait, so I am buying someone elses debt and playing the role of the bank?"

Give existing tenants a proper notice (30 to 90 days) that you will no longer be accepting payments at the PO box for security reasons and give them the preferred payment method with step-by-step instructions.

Many other options north and south of the city depending on your preferences.  

I need to find a broker to hang my license with, I prefer a broker that has some investing experience, has fair splits, and is helpful to their agents. 

Usually not worth the hassle.The point is, we look at:the value of your assetswhat types of assetsthe number of assetswhere those assets are locatedwhat kind of real estate investing you're doingother income streamsother businesses you ownyour family situationyour long term financial and real estate investing goalsyour risk adversenessand etc.HOWEVER, let me add, that for the vast majority of investors who have a rental or two, the LLC is still the preferred entity and a great place to start.

.- There are people who prefer to invest in areas where houses resell for $100K; there are others who prefer to invest in areas where houses sell for $1M+.

Hi Dev,  thanks for the shout out.Ok ok, I coach lease option assignments, AITDs (All Inclusive Trust Deeds, sub2, private lending marketing, jv negotiations, sandwich lease options, wholesaling, retailing, wholetailing, and business scaling.I recommend my students get licensed in CA as the BRE of CA prefers that.See http://dredefenselawyer.com/california-bureau-of-r...Quote...."

But you'll still prefer to live in a huge city except during your commute.

(I have never personally installed it but have seen many employees do it with ease)It looks pretty good in rentals but I wouldn't put this in a class A property.I prefer the cherry color.

I prefer 50% of something then 100% of nothing.