Seems to me like you're putting the cart before the horse...I guess id just prefer to have all the big players contact info so that I can market immediately, rather than put a property under contract (eg.

I have several questions, but the companies I've talked to or visited all seem highly biased towards the products they're offering and biased against the 'competing' products, so I hope I can get some better answers here.The biggest question I have regards taxes on the LLC.

If anyone is near Lake Havasu this weekend, I'll be competing in the BBQ competition.

But if the buyers are staying home during those months, its an opportunity for the seasoned real estate buyers to take advantage of the buyer's market.Now I'm not saying that if you want to buy wait until December 24th, even though I personally put in offers both last December 24th and December 31st.I'm sure that there was not a lot of competing offers written on those two days.

They seemed competent and professional.

Maybe I am just being glass half empty but I would love to know if a competent, smart, hard worker with integrity can make money doing this stuff in all market cycles...

Put in time, energy and work to teach someone how to potentially compete with me and give them 50% of my profits; or2.

Why not assume that competent property management is used in both cases, versus self managing?

I guess the best way to create and analogy is to say that Michael Jordan is the best basketball player in the world, this might have been true in the 1990's when he was in his prime but at todays condition with his age, there are many who could best him.Lastly, my demographic is just like what you are describing.

You won't get the tax write down for depreciation like with the buy and hold though.Hard money lending in Cali you won't get the same return as in other states because HML's are competing in a rising market.