--remove unnecessary items and organize what is left on the tables-allow more light into 3) To me it looks like you are using a very generic website form and in some spots are just filling things because there was an empty spot somewhere.

The original purpose was to prevent loan sparking, criminal activity associated with it, and to protect consumers.

Hopefully this is the first of many holes that will get punched in the new real estate bubble that will prevent it from over-inflating.

Also, depending on the nature, it might be something that would prevent a lender from financing a borrower.

My opinion is that multiple layers of LLC's are unnecessary.

Reason being if they have a lease you may have to evict, this keeps you secured in retaining their funds, but prevents them from potentially having to be evicted.DEPOSIT TO RESERVE HOUSERental Address:Name:Phone Number: ___________________The undersigned has hereby given a deposit in the amount of Five HundredDollars ($500.00) to reserve the dwelling located at the above address for possible owner consideration of acceptance of rental.

I would suggest that you work out of your home as to not incur any unnecessary overhead, acquire your first property(s) and see where it takes you.

Probably not ... but putting a shutoff within the conditioned space will allow you to leave the outside spigot open in the autumn to drain ... and prevent this from happening again.

You will be able to learn so much, that when you start you can prevent common real estate invedting mistakes.

My properties and the ones I'm interested in are in the $20-30k range.I was going to continue using a home equity line of credit but my rate it prime +1.5% and I'm concerned about being over leveraged and the prime rate rising.How can I get fixed rate loans for my properties without paying unnecessary costs?