I've been talking to several realtors, trying to get them to join my team, but most so far have seemed reluctant, so I wonder if it's in the way I'm pitching it.

I ran the numbers on this deal and appears that minimal rental (to break even) would be roughly $780 monthly. hopefully you've already figured that you can collect more than this.Good Luck!

Thanks John.Great information.What I have been learning about the social network sites is that they are a tremendous way to spread the word at a very minimal cost.

You'll be taking money to closing because your ltv will be screwed up by lack of attention to this little detail.If you have alot of equity in a house and just applying for a minimal amount of money...the appraisal will come in just above the amount of the loan ---extremly low.

You gotta be like those magazine sales guys though, once you get your foot in the door don't take it out till you get to pitch them.

The sales pitches make all this stuff sound easy.

Being a large contributor that is not going to help me understand.I was half expecting a little help window or other motivation pitch.

My debt and also my partners are minimal at most and we both hold jobs we could get personally approved however it defeats the purpose of opening the LLC then.

I fear those areas though, plus minimal profit is to close to loss.

I will not be getting paid RE commissions or management fees in order to minimize expenses and make the investment as profitable as possible.