I'm in Houston so would like to start in my backyard but need to do market research to understand land prices, expected rents and market saturation. 

When deciding, obviously check online reviews and also understand the difference between custodial solo 401k and checkbook solo 401k. 

I understand what motivated sellers are and when you do, you will see that you CAN NOT target them.So I focus all my energy into being the easiest person ALIVE to be found to a very specific audience: People that are willing to sell their house below market value".THAT is how and why my wholesale deals reach 6-figures+ consistently.Want more direction?

At that point we would refinance and take complete ownership of the property.Questions:1) It is my understanding that in Utah we are allowed to split the title of the property.

@Lars LeweckI agreeHere is what people also need to understand.

@Daniel K Houck I totally understand how you feel this way. 

I've had a few contractors offer quotes for installing push piers and lifting the house... all for over $40k, which to me seems like a huge cost for leveling, which won't really even be noticeable (although I understand it will mitigate any future settlement and further damage).

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

You could be asking for life-changing amount of money from your investor so you should be fair and ensure he or she is well educated about the risks and understands the lending process in the state of the loan.Good luck, Marco.

Embrace uncertainties by understanding the reason for the discount, evaluating management expertise, and developing a clear exit strategy.