I'd imagine it'd be different than absentees as there is a very strong emotional component.

Also - letting people know exactly what you want (Which you already have defined) is great.

The easiest way to insure this is carefully defining your exit strategy and understanding the most you might be willing to pay.I have seen so many at auction bidding items up past a point that make sense simply because they got caught up in the moment.

Each state defines their own specific criteria within the guidelines of the ACT.I believe Karen's goal was to get insight into hard money and private money loans.

In the manner in which you were doing your calculation, which was correctly defined above as incorrect, and I see this often, you were taking your net profit and dividing by the investment term.

I also wrote a sort of "manifesto" that helped me re-define the kind of investor I wanted to be.

Define who you are trying to wholesale too??

The operating agreement says (I paste directly from my OA): "The Signature from the members whose capital interest as defined in Article 2.2 exceeds 50 percent and the signature from the Chief Executive Manager are required in order for the managers to make decisions related to (a) the sale of the Company's assets; (b) the purchase or other acquisition of title properties or other assets of all kinds".If the title company doesn't ask for the operating agreement, how do they know that a manager can't sell the property without the authorization of the CEO and the major investor?

This is one of those topics that is defined by each individuals situation at the end of the day.

There certainly is a real estate investing component, but that is secondary.