He was a broker licensed in over 20 states, owned an Auction company, co-authored a real estate branding book, and operated a successful general contracting business.

Business Week Jan 10, 2007. http://quotemaster.org/author/David+LereahTo answer the question 'What [is NAR] trying to achieve?'

Where I have my properties, the municipalities give you the option to fill out a pre-authorized debit form, and they will take it out of my bank account every time, like a mortgage payment.

I'm based in CA. 2) Is it possible lump all the properties in to one HELOC or do they have to each be their own individually HELOCs?

Marc,  Our lease states we cans show the property during the notice interval, and access by the landlord is authorized for showings and inspections.The first step is to visit the property to "preview" it for the marketing, and you can note any big issues that may delay occupancy, and even stress to the residents what they could be docked for.I always tell the residents to protect their valuables because its hard to track other people's children during showings, and the more they cooperate and the faster the house leases, the less time they have to tolerate showings.I've had perfect houses occupied the next day.I've had disasters that need  six weeks to prepare.With this effort and a mid-lease maintenance inspection, there are fewer surprises.

Umbrella with each one in an individual LLC, perhaps?

Another person considers taking someone's security deposit not to actually use it for repairs, just on a matter of their own individual morals, as a way of teaching them a lesson.I know who I'd rather do business with.Anyways, hope OP doesn't end up in court due to a lawsuit over this, or in court over mishandling the marijuana that they possessed after their tenant left.

I was wondering if anyone can tell me when the REIC meet times are, and where in the west Michigan area (Grand Rapids, Muskegon) as I'm looking to connect with like minded individuals who's been in the game a while and can help me get off on the right foot.

A Flipper aka house flipper, is an individual whose niche in REI is acquiring property of his/her desire with the intent of not occupying the property, rather creating equity/value in the property, subsequently selling the improved property for material gain; i.e. selling the property for more than it cost to acquire said property + improvement, thus creating profit upon sale of said property.

Who you are, what you do, and how you can help that individual.