I prefer skiptracing, if you are only having a 30% success rate perhaps use a different skiptracer or different skiptracing program if you are doing it yourself.

@Frank GrecoIt's difficult to answer this without knowing your facts, circumstances, and goals.If the properties are located in Florida and you're more than likely to move than not, a Florida LLC to hold the properties would be preferable to a New Jersey LLC or Delaware LLC for administrative/overhead purposes.

Question is how would I get down payment I did ask for payment on the 3,000 payment is there any other options I have to get the 3,000 down payment as I do not want to have to get it myself but creative ways I prefer?

. $160k, HOA under $500 (preferably under $350), Rental clause after one year with no option to change in the future, 2 floors, 2+ bedroom, No dog size restriction.Any words of wisdom are greatly valued and thank you in advance.

I think that one of the reasons some sellers prefer investors is because the transactions can happen faster.

We'd like to split net profits 50/50 and I'd prefer if he can also get the tax benefits. 

small balance loans are a nice niche. 

And I prefer newer houses for maintenance reasons. 

I am always looking for the crystal ball play for my investors as the market is starting to shift and the need to buy and hold will become a more and more effective strategy and prefer to make my statements data driven not intuition. 

That timetable is about what I'd prefer since we have some other startup expenses to offset income for the first couple of years.