If you've been reading up on wholesaling, then you know you can use several strategies to find deals such as direct mail, bandit signs, driving for dollars or searching sites online like For Sale By Owner or Zillow.  

I wouldn't really mind buying in the states remotely as there are some protections and a basic assurance of quality.

Getting the money due to the association from the deadbeat owners is basically impossible.  

the property managers have often never actually been in the property itself, manage a huger portfolio of properties (so yours is just a drop in the water) and the person who actually has contact with your guests and is the driving force  between a happy guest and a potential vacancy is an hourly employee.

Even the $240/yr basic seems absurd.

I totally agree in giving a name or phone number or even some free advice every once in awhile, but what the majority of people are asking for is to basically teach them everything the mentor knows if not just do it for them....all under the guise of "doing my part" and giving back.    

Basically, all you are doing is setting up an escrow account like a guardian of the funds. 

We're basically wanting to learn the ropes to serve ourselves when purchasing properties but would also like to be qualified enough to help friends out if they too are in need of purchasing property.Our big concern is that getting licensed will require my wife to have to work in an office setting for a certain period of time, which currently with the children is not an option.  

I have basically been nervous to get into it since i have my own home, Comfy job, And a wife but after reading a lot of other peoples stories I think it is time to Jump into it and really start looking into finding an investor.

. - cashflow - 2 houses rented, overall cashflowing $1500 extra per month (2 mortgage and expenses all paid from it)- debt: 19k student loan at 6.5%, car loan 25k at 2%, 2 mortgages 108k at 3.5% and 314k at 4.5%. 15k credit card debt at...19%Basically has 15-20k cash atm and 5k coming in monthly, so could either wait, pay off all debt or buy another property.Big on Jersey City, and potentially looking at areas like Palm springs / Miami for a vacation/investment property.