In brief description, she is a burnt-out landlord who is behind on her mortgage and has no money coming in because her tenants are moving out soon and her brother (who lives with her) is no longer eligible to collect social security because they told them, "You are earning income from tenants", despite how their expenses far outweigh the income they received from the tenants.

Ok, now that you have taken your initial step, below are some quick links to get engaged. http://www.biggerpockets.com/starthere http://www.biggerpockets.com/ubg http://www.biggerpockets.com/meet Setting up Keyword Alerts How to Use @Mentions on BiggerPockets 25 Tips for Real Estate SuccessREI can be very daunting, but, before you go searching for that 1st buy, please take a few minutes to bone up on the tips in link below.http://www.realestate.com/advice/buying-your-first-investment-property/ However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.

After that rehab, he ended up going to satellite dish installs and seems a lot more engaged than he was doing the rehab stuff there for us at the end.At the end of the day, it worked out fine for us.

If you’re looking for a hard money loan or bridge loan, you can visit one of the many ‘lending-related’ groups many social networking sites such as this one.

I have the patience to do thorough research but I'm not really that socially connected in terms of finding cheap properties or the business in general.  

Its sort of a social media website but just for your specific neighborhood.You can only join a neighborhood that you live in or own.  

no, there were not special forms needed. the canadian couple did not, of course have american social security numbers, but they were able to use canadian i. d. in place of that without issue. they purchased the house i sold them and others that they currently own in much the same manner as an american citizen does. i would have to agree with josh, it would be best for your friend to invest in an area of the U S that he can travel to easily. here in buffalo and the western new york area, the couple from canada that i speak of live in toronto which is about 90 miles away. pretty much an easy trip. of course you have to go thru customs on a regular basis which can trigger intrest from them because of the frequent trips, but once they get to know you and the issues that are a part of the reason for the frequent trips, its not a problem. 

And the promotors say its about $25K in legal work to set it up.Even with this paperwork and legal filings, you're still limited to people you personally know and have an existing social relationship with.At the end of your entities fiscal year, it will file a tax return and distribute K-1's to all the investors.  

Also I am thinking about getting my RE license to make money on deals, help people and have the tools that realtors do, not to mention that it will probably decrease my learning curve substantially when trying to structure a deal for myself.Look forward to engaging with like minded investors.Chadd

If they are a social influencer cultivate that relationship and ask them every once in awhile who do they know that could use my help??