Thanks for the input, I didn't mention that house 2 is closer to me than house 1 and initially I was thinking of self managing.

I'd like to Airbnb the house and apartment after all is said and done and hopefully generate some good income.

This allows the client to directly administer actual investments made with the plan, rather than rely on the custodian to do the processing.This Checkbook IRA LLC structure does provide an advantage to investors who will have multiple transactions or investment types that generate a lot of transactions or are time-sensitive in nature. 

I am wanting to determine a low minimum bid that should for sure get someone to give and initial bid.

However, with most of the initial 'start-up' classes done, I'm feeling confident and excited about my next steps as I work through GRI coursework and begin to reach out to my sphere of influence.For anyone considering trying to enter the "Wholesaler Hustle" and drop $3000 on direct mail, please at least consider getting licensed for that money instead! 

I'll be splitting the building/land using the public record county tax ratios, but I'm not sure about the initial total to use.Possible options are:Property value shown in the public record (same place that has land/building split visible)Amount shown on the appraisal that my lender orderedAmount of money I put into it all (effectively sale price plus all the fees I ended up paying)Amount shown at the bottom line of my settlement statementWhich of those is correct?

Offering 300k on a 390k house is not going to make them feel like we have a "win-win" scenario here. 360-365k allows me to offer them a price they'd walk away with if listing with an agent after commissions, and still gives me some initial equity in the property.Again, in a lease-purchase, I am in no obligation to purchase the property, it is an option.

I would like to generate enough passive income to cover my living expenses and choose how I spend my time.

Technology goes out of style fast and it wouldn't generate any additional rent where I live.

Hello Investors, Does anyone have a good source for a company or person to hire that can help manage incoming leads, such as checking for motivation, scheduling appointments and things of this nature, 1 first point of contact after a lead comes in from direct mail, website, or cold calling company who has generated a lead?