Keep in mind that as a married couple, you can hold a total of 20 properties in your name (10 in yours, 10 in your husbands). 

After listening to podcasts and reading articles on BP for the past few months, I became motivated to pursue a career in real estate investing.My goal is to be a buy and hold investor in the Maryland area. 

Your situation can motivate so many people here on BP. 

But it's really not the strategy, it is the consistency in the strategy and if you have the money to maintain the correct marketing course to get the motivated sellers.I hope this helps.

@Iris Tunlaw it shouldn't matter but if you don't mind me asking....Why not just open a checking account?  

He has made it clear that he isn't planning on selling it out from under us and we can rent as long as we'd like, though he is motivated to sell to us as soon as possible because he's moving into a new home well outside of this area and won't be having reason to regularly come back here to check on it, etc. 

Check with your state first, before paying for a bunch of forms at Legalzoom, etc, because you may not need to incur this added expense.Here’s a couple of things to keep in mind:1) You (generally) do not want to do business as a sole proprietor.  

If you would ever like to chat about my experience and maybe I could help change your mind.  

I found a motivated seller in west oak lane area near 66th ave.

My questions are would you need a license of some sort for this, if not do you just start by finding a property with a motivated seller and contact them and begin negotiations?