My biggest concerns are as follows:No evictions in last 5 yearsRental historyWork history / incomeNot breaking a lease to move into my propertyAcceptable reason for movingNo violent crimesNo drug dealing convictionsCredit report verifies info on application (honesty)I don't care about the credit score.

The visibility of for rent signs is not relevant to me as all my tenants come from craigslist and that source yields a better quality tenant and a more efficient experience.

They offer various options for coverage limits, and most of the time, they'll provide an evidence of insurance (underwritten through Lloyds of London from what I understand) the same day the web form is submitted.The biggest downside with them is that the cost is a bit on the high side

That would be my biggest concern.The last time I had a rehab in the hood I had a handyman with a key to the property check on it almost every night.I'm not against it especially if there is profit to be made but as always manage your risk.

I find this a great source of networking and finding great ideas from investors.Roy,I'll definitely look into it.

I keep those emails filed under the birddogs name, and in my document management system, the first note is who the referral source is.

If there are other revenue sources (parking spaces, storage lockers, coin laundry, etc) you would add that in as well.From there you can figure 50% expenses to get your NOI.Your NOI divided by your purchase price is your CAP Rate.What you'll usually see is someone saying they're gross rents are $1,000 so their GOI is $48,000 for the Quadplex.Their property taxes are $3,000, Dwelling Insurance is $800, Sewer/Garbage is $4,000 so their expenses are $7,800.They will claim a NOI of $48,000 - $7,800 = $40,200 and then calculate a CAP Rate off that.This is a garbage calculation.

REPLY FROM ME: My 3 biggest lead sources are fee based financial planners whose clients are looking for predictable returns, existing clients and experienced active investors who are looking for passive long term investments.

Okay hard money pros...Scenario:-A fully licensed real estate (deeds...not money) broker in California wishes to make hard money loans at very high interest rates in trade for aggregating money sources for fix-and-flippers and providing the fund apparatus where they can pool investors' money-The broker/lender inserts a choice of law provision in the contract stating that the laws of California apply-The broker/lender loans on projects in other statesI read in other posts that people have received advice from attorneys stating that the choice of law provision somehow "imports" the rules of Cali and allows one to lend at usurious rates.

Two of the biggest complaints I see in the forums is real estate agents not returning calls to investors and people not knowing how to calculate accurate wholesale and flip numbers.