With the help of some friends and family we renovated it top to bottom.

Seeing an App being put out in the market is fantastic.

Identify the top REO brokers in your market (easy to do on homepath.com or hudhomestore.com, or just google reo brokers or reo agents for your market).

Many lenders will place their own overlays on top of the institutional guidelines, but you still need to know the base.

Investment properties certainly are subject to the limits.As far as the 20 props, yes Fannie in its zeal to sell its REOs for top dollar, will go up to 20 financed propertis if you buy one of their Homepath REOs, will loan to LLCs, and will not require an appraisal.Does this extend to Homesteps (Freddie REO's)?

(top of page under Learn) You can also fill out the keyword alert for topics that you'd like to be notified of if they are being talked about, maybe Dallas, Buy and Hold, etc.

If you can pick the top in the CA RE market then hold it and sell at the top otherwise get out now while the getting is good before CA blows up again. ;)

(Maybe I'm a bit over the top?)

On top of needing a lawyer, I kinda also need a hug right now, and a virtual one will do:)

When you get to a point that your monthly expenses are covered, any deals you do on top of that go to increase your wealth geometrically.