Less expensive than an attorney, but requires less hands on than doing it your self.

Steve Babiak I am not sure what you meant by your comment, but I ask that if you do respond to others questions that it is in a manner that is adding some knowledge to the topic at hand.

We prepare the docs & receipts, keep great records, and hand everything off to a CPA who lives, eats & breathes tax returns.

That is the only way to verify any income they have from the business, unless they have a CPA who can supply a certification of income (but the CPA probably did the tax returns anyway).Application isn't processed until it is "complete" - all needed paperwork in hand, and SIGNATURES on permission and authorization forms.

If, on the other hand, you have sufficient cash flow that the loss of a particular property's rental income would be unfortunate but not devastating, maybe you don't pay for the coverage.

I'm going to try that tonight, on this current prospect.I haven't been printing out stacks of contracts when I show the house, I just handed out a slip of paper with the link to my website, where they could download the file, fill it out, and email it back to me.

I don’t have a lot of cash on hand, but I have good credit, and I’m working on the cash part.I don’t think any of this is or will be easy, I have a family, work full time, while maintaining a 3.75 GPA in college majoring in finance, so I know how to work hard.

One benefit of real estate is that you can get your hands on it and create operational savings/earn sweat equity.

So far I have been on all of the flipping homes forums and reading all of the information I can get my hands on.

Drive to Fremont to hand over the check??