So I'm thinking of calling sellers out of the classified ads and using realtors as my two main strategies at this point for my first deal.

I've seen an ad in the paper where the investor was looking for people with I think a self directed ira to put up funds into houses.

It's a website, a crm and a craigslist reply to ad program.

Mostly lenders who would be called portfolio lenders as they do not expect to resell the loans.Usinig an LLC is a good idea overall but sometimes overplayed.You will pay for the added liability protection.

You need to understand what is happening with YOUR property.For marketing, I have always primarily used the local newspaper with the biggest ad section, then a variety of other free sources, including Craigslist which works very well here.

This seem more risky because you could spend the money and time and still have to take a low price.You could always call some of the phone number on "we buy houses" signs or newspaper ads and see what they will give you.

Now this house has new windows, roof, new kitchen with granite and stainless appliances and new bathroom added.

So more then likely the company will never be able to move this place and it will just be added to all the vacant properties in the hood.

If you advertised for them, would you mind sharing your ad(s)?

Thanks for adding the tax aspects.My point about a sale was it is a sale even if there is no tax impact.