I am a fellow believer in OPM, though carrying with it a fiduciary ethos is critically important over the long haul.

Again, when I get an update I from my source I will let post it accordingly.

thank you very much for all your comments, I was curious about the LLC as it maybe an easier way to separate the family business part from my own, since the capital source, expenses and earnings will be separate I'm trying to keep it as clean as possible while leveraging when possible. everyone's comments are aligned and I will talk to a CPA, by the way!

So it is critical that the numbers make sense.Best of luck.

A potential good source for direct mail is Ballpoint Marketing.

I prefer not to use my own money as I need it for Reno's so do you have any tips on if I can finance the downpayment from another source?

Our first house had this, and we even put in the listing 1 bath, but the data from public sources said 1.5.

hey guys, I have two properties in Indianapolis. both were purchased 2 years ago for around 65K each, and both were bad choices (without being too self-critical...it was in the very beginning) In one of them, I now need to invest 20K to replace the roof, install a fence, and another major CapEx in order to bring it back to the market and find tenants. for the second one, the bid I received was 8K. it's important to mention that these bids have been prepared by my property manager so I believe they are a bit over-price.

It seems you have a good enough track record that you can show someone what you are doing and possible find a source of money other than having to wait for your own savings to build up.

If a tenant contacts us about a pest problem, we let them know that we can send out the pest control company we use, but if the company determines that the source of the problem is either mother nature or the tenant, we will bill the tenant directly.