Maybe even look to partner with someone here on the site who is active in the market you are considering.I hope that was helpful.

Daisy,Welcome to BP, this is by far one of the most active forums.

This kind of question comes up a lot on here, and it seems the consensus is that if you're a single member LLC and actively manage your rentals, the LLC doesn't limit your liability as much as you think.

Condo renter may not be better people, but they have better credit scores and there will likely not be gang activity in a good part of town where the condo is.

It appears to be an active market, and I find that listed right we're not having trouble finding buyers.

I'm looking for feedback from other active investors who want to use leverage to buy real estate, but do not qualify for conventional financing.

not sure when my reply was made, but my tenants (young but responsible kids) left at the end of January. they were paying $1125 and had to leave cause money was getting tight (baby and suck). i offered them to lower the rent for 6 months and then bring it back up, but they left.After some active and passive loss (updates and vacancy) that totalled ~4k, i put it with the agent on the MLS. just being vacant for one month costs me $2,250 (Realtor fee and empty month)was able to get applications immediately and signed up a family for 3 years at the rate of $1,225..increase of $100.

If you broker only commercial loans, you don't need a broker license.I made this comment in the context of this thread and this company, which takes applications, performs MLO activities and caters to residential customers.

I am a new investor from Nevada and I happen to be in Jacksonville for a week with a lot of time on my hands. Would be interested in checking out the area and the business if someone in the area has the time.

Look for cash deals (no mortgage) and see where the investors are active.