Kelvin- my son in law also retired and then went to work in public sector doing same thing for more money!

Setback requirements, public utility hook-up requirements, or others could kill this deal.

Don't get overly concerned about public liability but you do need to be aware, keep properties in good and safe condition, know the rules and conduct your business with attention to details and you should be fine and carry insurance....And I believe Texas has an LLC that limits liability to a subject property safeguarding other business assets, which is unique, I suggest you simply form your business in Texas.

Pretty simple.It's when you get to the retail level when you need mass media forms to inform the public.

First, i would start off my going to my RE attorney and asking this very question, getting legal questions answered specific to your state.Second, I have yet to see real wholesale deals on craig's list or any other public site. real deals go real fast and don't usually need such epic exposure, so I would question if any of these were deals at all.Lastly, having two middle men often turns a real deal into a no deal for the buyer.

zillow pulls from public records, so there is nothing they could tell you.

OTH, if someone doesn't pay miuch attention to their business, they operate in a care free manner, are often negligent in other aspects of life, then doing all you can do to hide out might be a good way to go.This public liability razz is way over hiped IMO and insurance is your best solution.Hey, not implying our OP is paranoid, I know he has good reason to be concerned from other posts, but don't take legal advice from a CPA and don't ask your attorney to set up your accounting systems.

A drug conviction can destroy the kid's life, government assistance, housing, tuition, acceptance to colleges, holding any public office, gun permits or possession of a firearm, voting in some states, employment applications and the list goes on.

There are really too many concepts to create an exhaustive list not knowing the details of your partners and you.In regards to obtaining financing, a bank will likely be a little reluctant since the company is new and it does not sound like any member has experience in this space just yet.

Sources for comps include: MLS, public records, a title company.