Here are another few pieces of advice that can help - especially if you have a full time job:* Cell - Buy a pre-paid cell phone and record all the details regarding the property (how much, how big, verification needed, security, etc.) on the VM.

Accept a down payment, security deposit or application fee that are all non refundable?

Large security deposits required by utilities for commercial accounts

It's so frustrating and I've often wondered what would happen if we put an offer in not disclosing we were investors (Granted, I would NOT do that), just was curious if there were huge penalties or fines if one got caught.

:)In all seriousness, you want to start asking your professional friends (high income earners such as doctors, lawyers, engineers, etc) and your older friends (those who might have retirement funds they aren't yet using), and see who is looking for a better return on the cash they have sitting around.Then pitch your *low-risk* opportunity (explain how it's secured by real estate worth a lot more than what you're borrowing) and see if they're interested.

Buy cash (not recommended), secure financing through a Commercial lender, get seller to carry financing, or buy subject too the existing mortgage.

When has the government granted them money?

Now granted, it's a very nice bedroom and if you didn't see the garage and how tiny it is, you'd never know that the bedroom wasn't always there.

And they're somewhat state specific because of certain statutes, such as CO detector requirements, lead paint disclosures, maximum time security deposit can be held, etc.

If you are trying to somehow secure capital you are putting into the deal you could mortgage the property where you are the lender and the borrower is the entity who owns the asset.