Chris, a drop box won't do much if someone skilled in searches and pretexting wants to locate you.The best was is not to own it, but hold transfer documents and assignments in trust and manage it for compensation by agreement, if you're active, the taxes are the same.

The discount alone pays for the cost of the ARPOLA membership.ARPOLA isn't the only trade group that offers this, you can check other companies or organizations.

I'd been getting pretty smug about my property management skills, so I guess I was about due.

For stuff I don't know how to fix like HVAC, I will usually take the low offer or accept help from friends or neighbors who know the trade and aren't looking to make a killing.

That's going to help a lot as you get into your own investments.As far as honing your skills to better work with investors, check out this article!

I am skilled, ready, willing, and able to maintain any appliances that would come with the property.

I have no problem with failing or making mistakes......bring it on, I say.I stay away from gurus and unrealistic success stories.To be honest I am pretty happy with the number of calls I am getting, and it's great practice for me to dial in my phone skills.

You'll find this by comparing what cap rates similar properties are trading at.

Cons - must be skilled to find another property and get it executed within the necessary time frame.

Wow ...thanks you guys...awesome....I will have to work for better negotiating skill with this...thanks so much...trial and error is what I need to learn from..just fyi guys...I have the POF form but I guess the realtor im working with doent feel it holds much weight since he is looking at deal for another realtor..