You probably should get an attorney to assist you with the loan modification paperwork and any state laws.

But finding people who get housing assistance seems like it can really pay well and consistently. 

one thing I wish to do regardless of help or assistance is to start an LLC in hopes that other people, experianced or not, will be willing to become a part of it in order to build themselves and their goals and dreams with it. i have finally cleared up some financial issues and have money to work my first property, but am kinda clueless and hope for some local mentoring. 

@Daniel Klucas, I may know someone that can assist you with entity formation and tax strategies.

With numerous Chicago and us based lenders why in the world would someone seek out a foreign lender with no experience?

Sadly, most of these who find themselves in such a predicament (remember, you do not get on to a Roddy report by having a stellar reputation as a decision maker :-) )....most who find themselves here fall into the 2 general camps listed above: Those who are paranoid, thinks EVERYONE knows their business, and believes anyone seeking them out to be a creditor.

On first glance, it looks like a property I should pursue; however, I’m a newbie and probably should seek the counsel of the more wise BP community.

It also has some built in calculators as well.Rentometer.com - You also can use this to assist in determining rent ranges.Permits and Enforcement searches - http://permitsandcases.indy.gov/citizenaccess/This is my absolute favorite tool for research.

There's plenty of them in the Virginia area that you can seek out.

I offer assistance with digital marketing to probate leads.