Basically, we had two choices left, go conventional or portfolio but we didn't have the money for the down for either (which was $17,000 @10% for portfolio and $34,000 for conventional).

That rehab could take 2 months or 2 years your choice.

I would say it is a poor choice for your first purchase.I recommend on of the following ways in:4 Cheap Ways into Housing0% Down:NACA (https://www.naca.com)VA Loan (http://benefits.va.gov/HOMELOANS/index.asp)3.5% DownFHA (http://portal.hud.gov/hudportal/HUD?

Flipping may or may not be the best choice for you considering your situation, but i have heard of them being done in 3 months or less, but the real issue is there is no way you can do it with only 3500 dollars.

If I think I can continue to help them in the future or if I think my company can offer a mutually beneficial situation I will then offer a follow meeting.

Ask questions and offer assistance to a seasoned investors or help other investors who are starting by doing something that is needed and beneficial to them.

Two poor choices for tenants, a cop who threatens to put you through hell or a minster who sends you there!

I am curious to know which entity would be most beneficial to purchase and lease rentals under ?

(trans passing and littering) The homeowner has no choice, because it ether the home owner get fined for having the bandit signs in his yard or the person.

Like you I was intrigued by the information on this site and found myself finally making the choice to join.