I love the idea of direct marketing, but I'm not in love with actually doing it - very tedious as you know.

I actually have a Facebook group called Bird Dog Real Estate where you can find buyers to bird dog for

What actually needs to be done?

I actually do see this insured class having greater risks, but that can be managed knowing who mom and dad are and having contact with them and the kid, lay down the law!

The key is to have the cash reserves to actually survives those lessons without losing your properties, your credit score, etc.#4 - A budget.

I know he pulled back from that but I think they manage all of their units with some VA's or actual employees now.Also the Best way to get into it is too meet people join us at one of the many networking events in the area, you can find some on the events page here on BP or just log into Meetup and search for nearby Real Estate Investing,

So what one bank might do, another might do something totally different.My guess is that any drop in value would have to be fairly significant for a lender to reduce your credit limit, but I have yet to see a lender actually put a number on it. 

@Andrew Michael I see what you mean about 0 money down seeming like a scam- but taking a profit on the back end actually aligns them with the investors success and allows them to cover their risk that way.

You won't take the credit hit unless you actually apply for a loan.You may want to talk to the commercial lending desk and not residential (think one loan for 8 units, vs. 8 individual loans which would probably be too small for them to want to do).

We drive around our neighborhood and actually look for good deals if there is open houses we walk in to almost all of them.