Great that you're on top of all this at such an early age.If you really want to Wholesale and are trying to pick a market then I would look at large saturated markets as my first choice where there's plenty of large quantity of densely populated houses.

I have some literature I can send to you to describe the choices syndicators generally are required to make when setting up their own funds.

If there is a surplus, we give the tenant the choice of leaving it in the fund (i.e. winter is approaching) or having it applied toward the next month's rent.

What do you think the best choice is in your opinion?

An LLC is an LLC, so I'm going to go on the assumption that you mean how it should be taxed: as a partnership, a corporation, or as a disregarded entity (which would pass through onto your personal income tax return(s)).That question is best answered by talking with your son and your accountant; the three of you should quickly come to the choice that works for you.

You can put in your lease that if the tenant is late you may cut off a finger of your choice.

I know I'm throwing ideas against the wall, but if you don't have a team in place, then your only choices are a helpful business acquaintance or wait until you get back.

Gary Keller has written a number of books on investing and his book The Millionaire Real Estate Investor seems to be a popular REI book here on BP.

Threaten eviction, her poor choices are not your emergency.

There is one particularly popular RE company that I will NOT do business with under any circumstance.I honestly only need someone to show the place during the morning hours.