Please email or pm me for details...

Getting good funds up front will not save you from every deadbeat, but its a great start.In regards to tenant screening, it is important to have a written policy, but it should not be overly detailed.

Thanks so much for that detailed information.

I would rather not get into details, as there seems to be a culture of no hear,speak,see.

i have a post on here somewhere where i explained the deal in more detail.

i'm not sure where it's at, but there are posts on here that go into a bit of detail on llc's and s-corp's.

*perk* mr landlord just heard $$$..now you have some interest in what you have to saythen just tell them you are expanding your network of investors and you can help them find investment property that will put cash in thier pocket and in turn they will be helping you expand your business. its a Win-Win situationno need to get into details on specific amounts like 70% of market value, if i were the investor I would be looking at your numbers...well you said 70% why am I paying 78%?

He has a very detailed blog of his experiences on his websitewww.iamfacingforeclosure.comNow if only he would have put as much time, effort, and professionalism into real estate investing that he puts into writing and maintaining his blog...

Do a search for Los Angeles REI to get more details.

But be sure to ask the "mentor" some very detailed quetsions.