I would never get into something until all of my ducks are in a row...meaning that I have already established a solid network of investors waiting for my deals (which I have), and having a custom Purchase Agreement with enough contingencies to cover me whether I cannot find an invester to assign my contract to (this is the worse case scenerio)...if it were completely impossible for me to assign my contract, my agreement allows for me to walk away from the deal without any risk to me (although this is not fair to the seller).

Having a license opens a few doors, closes a few others and is neutral otherwise.If you want to be a customer service agent for your own business where your clients buy and sell a home then a license could be a great idea.

Tenants pay all utility's. 2 bedroom, 1 bath. 1 car garage and full basements per side.$2850 property taxes.$800 insurance.20% down @4% mortgage.House is built in 1995 and is in excellent shape, w/new roof in 2010.Would have to do lawn and snow Myself.Here's the angle.

>A property management fee is essentially an agreement to collect the rent, pay the utility bills and then forward the remaining rent to the owner.

@Eric DubruleAre utilities included?

I, too am an investor in Pueblo, so I would also be a customer. =) Mike, aren't you using a property manager?

At least in SoCal/Los Angeles County I should be able to experience decent appreciation.(2) I don’t have a good feel for the area, so I’m hesitant to purchase in the wrong type of area (bad location, bad pool of tenants, etc.).(3) I'm a beginning investor who intends to be a hands-on property owner (at least as much as possible at the start), which means a lot of long drives from L.A. showing properties, dealing with utility companies, handy-man/contractor visits, etc.

, and Audio versions of Real Estate Books on the way to and from work to utilize that time for your education.2.

So long as the private lender is utilizing their actual monies and not borrowing from a third party then charging HML fees when they loan it to another, its ok.

I think the utility numbers are low - will utility companies give out usage and cost information month over month?