I'm a little jealous of your choice at the moment... the snow is coming down today.Good luck - I'm sure you'll do well.

I think our biggest issue we are facing at the onset is to locate a great Mentor locally or to join Lifestyles Unlimited and/or Rich Club or will all 3 be beneficial to us?

A lot of great beneficial information and and helpful partnerships to be made here.

I would also like to do flips and spec building and believe having the license would be beneficial, especially on the buy-side and determining ARV's.

Nothing wrong with it at all, just a choice the investor would have to make.

I guess I was wondering in which case would cleared land be beneficial as opposed to raw land?

I've never gotten into blogging previously, but I'm rapidly becoming convinced that it would be beneficial to start documenting what I'm doing on the REI side; we're about to put our first rehab on the market, and I've gotten so much out of the process I think it would be a good idea to write it all down.

Please don't take that as me piling on, every single person who has ever invested in ANYTHING has made mistakes.However, you are where you are and you have to move forward.First, if I were in your shoes and had to make a choice between paying the mortgage on the house my wife and kids live in verses a rental held in an LLC, the mortgage on the rental goes unpaid.Second, serve her with the pay or quit notice IMMEDIATELY.

I'd put it off to January one if I were you.Now, Actual expenses may not be the best choice.

But it is beneficial to the populous to have a fairly thorough explanation.