If so, I'd recommend only using licensed individuals.

@Ed WoodThe article paints with a broad brush and draws conclusions that don't apply everywhere.In one county that I deal in, the number of foreclosures at the LAST sale was the most in history!

A good broker knows a borrower can't go directly to his investor, unless that investor is an individual/broker lender as well.

If its single family, neither, you put them in your name unless you are worth a few hundred million and are worried about the liability.They don't give conforming mortgages to LLCs or S corp, they give them to individuals, which allows you to lock in the low rates still available for 30 years.After you have 10 mortgages, you will have to do something else going forward on financing, but for single family just buy a good umbrella policy.Multi-Family is a different game completelyandy

If you're looking to do the wood-like individual panels (rather than rolled laminate), I paid about $1.50/ft for installation, but that included prepping underneath and thick pad/underlayment/whatever - AND in the Bay Area, CA.

The individual stories were inspirational, but that's about it.Mike Ferry's way appeals to me the most- cold knock, cold call, and just go out and talk to people, and don't be afraid of rejection.

Another possible scenario:The 5 units are in 3 different buildings on three individual lots that are adjacent to each other.

I could certainly make a couple of recommendations on really good individuals to buy from.

I will make a decision on the best day and time for the first meeting in January 2014 based on the feedback provided by individuals interested in attending.

@Ryan Steele thank you so much for the information as I did get a chance to read over everything from the website and I will be at the meeting this Thursday with a couple other individuals that are interested in real estate as well.