What he has done since acquiring them (all within a month) is re-established a condo board with himself as president and wants to get the association back up and running.

How to establish a LLC?

Then I'd be on the lookout for established wholesalers and investors in your area that pop up from your keywords.4.

Is everyone's life established and predictable? 

The note buyer would then perform his own due diligence to establish his estimate of property value, rental potential, etc ...

First get an emergency savings established for your self that can handle 6 months expenses.

Sometimes a gamble doesn't work, but you have the property now with income, and maybe the hot market will continue and you can sell the property!

You can post free on various outlets like Craigslist and Postlets.Pre-qualify prospective person when they inquire about the property by establishing rental qualifications for your application process.

According to Anthony Ascuitto the developerCons: it’s new and not established.

You might have to try a portfolio lender for a bit until you can refi out of it into a traditional mortgage program once your income is established.