I am constantly reaching out to provide value to other wholesalers out there and in turn others see my company name. 

I think it is really up to what you can provide to the investor.

The first mortgage will provide a payoff to the sheriff/court and the funds from the auction go to them.

Of course the high crime statistics cannot be ignored in these cites, however I'm planning to buy only in the nicer/low crime neighborhoods which hopefully eliminates most of the crime risk.I was wondering if any of you could provide feedback on comparing these 3 cities.

If you provide any kind of substantial services like catering, car service, etc you will change you tax situation and no longer can file under Schedule E.

You can't decide which one to choose based on the minimal information you provided.

In most of those cases, their broker took a high fee and the investor didn't end up with a great deal.Here are a couple of things that are a tipoff you are not working with a broker with your interests at heart (1) they want to pull your credit before having a conversation, or (2) they send you a long list of things you need to provide them before learning about you and your deal.The conversation should start with why you are interested in REI, then understanding your strategy to get there.

The $1,500 net cash flow you mentioned represents a tightened rental return that could provide consistent passive income.

Also for all the value they provide the number 1 thing they all exist to do is enrich the Guru and give him a captive audience to sell more stuff to. 

The longest terms our plans provide to pay back the money is 5 years and the payments get made automatically through payroll deduction.