Ok this particular house in Memphis tn is 3/1 with little over 1100sq.ft, its in a very good area with goods schools school bus comes directly to street which I see as a plus the house needs about in my conservative opinion 15k the ARV is 45k there are back taxes owed from '09 to current 2013 which combined city and county totals roughly 5400 if fixed up and rented can get 700mth the last sale was in 2003 for undisclosed amount.

You also have to be careful on the different mail address approach as there are areas without home delivery of mail where P.O. boxes are used instead.Most absentee and non-owner list providers combine both approaches which inflates their lists and makes them worthless in some markets (like vacation areas).

Since starting my wife and I have acquired about 10 units (combination of duplex/triplex and single family).

. $10-15k/ property), combined with private or hard money to purchase several single family rentals over 6 months to gain cash flow and equity position.

My understanding is that you can end up using the VA guaranteed loan on any combination or number of loans as long as the add up to be under 417k.

However, if your deemed doing fraudulent or illegal activities, the LLC might not help you.In most cases a single member llc pays taxes combined with their personal taxes.

Given this period of open time I have and a combined income of 70,000 a year between my fiancee and me, what does everyone think I should narrow my scope to in educating myself about real estate investing?

(f) Accelerating knowledge by finding mentors, and modeling their behaviors (g) Using a combination of book smarts, and street smarts.Yes, there are the ones that are proven commodities, and are usable, but upon close examination, pretty soon they need to be sharpened.

PSL REIA is a group of professional real estate and passive investors set up to help each other combine resources.

Modern medicine is amazing prolonging life.