We ended settling for 3% on the first deal, 2% on the second deal and no fee after that.3% may seem high but it's a fair cost given that we now have the ability to build a long term relationship with a new investor.  

Hi JasonWhat works for me is find  the big real estate companies who have the ability to buy several deals.

I have the option of using an online brokerage account like fidelity which will have checkbook control and the ability to invest in stocks and mutual funds along with a loan option.

So when my lender said quitting my job would not effect my ability to get a loan I did it.  

@Josh Shaw I think these are slightly over priced and there is clearly some expenses missing, but the power of multifamily is the ability to value add.

In A neighborhoods with a significant young professional population I think the ability to rent is much more important than the ability to finance with FHA.

Jennifer N.Most sellers will complete the property disclosure to the best of their ability, but you should never ever rely on that information.

I have to admit, i have no experience in real estate, i just have the passion and the ability to learn fast.now i'm planning on building my online real estate company; i admit i have many doubting thoughts, since i'm planning to leave my current full time job and be fully engaged in learning/working in real estate. 

(Obviously you have not met me so this is a bit of Catch 22 and extremely strange for me to be talking about myself at such lengths, but without having met you, this is the only way for me to capture your attention).What I'm looking for:-An experienced successful Bay Area real estate investor to shadow-To trade hard work for your expertise and experienceWhat I can't offer:-Experience purchasing properties-Large amounts of capital What I can offer:- Sweat equity - (driving for dollars, phone calls, deal research/analysis, etc)- The ability to solve complex problems and get sh*t done - my job depends on it- Attention to detail - I'm meticulous- Experience managing construction budgets upwards of $100m- Field experience managing general/sub-contractors - Creating and executing master and micro-schedules - Energy, enthusiasm, and the hunger to become great- Anything else you need may need - let's be creative and discussIf you made it to this part, congratulations and thank you for listening to me.

In a smaller park where ownership is not on site, a community manager usually also needs sales skills to sell homes as well as the other responsibilities.Good managers are difficult to find in part because typically they are not very well compensated, and in part because they often need very diverse sets of skills and abilities.