Title is then trasnferred to me via Quit Claim Deed upon winning the auction.

BP, This deal was just thrown on my lap with a mobile home.

Greetings RE Community,I am looking for the best ways to connect with private investors looking for steady income via a RE portfolio and/or joint ventures.

The ones who come to you are via their discussions with their attorneys.

In DFW I bought a place via a wholesaler for 35k and it rents for $800.

Utilize the many resources, blogs, podcasts and experienced professionals via the forum.

But that is only out of your pocket (that is, doesn't include what the tenants covered via their deposits)?

I'm trying to decide which direction to go vs. my current buy and hold strategy.And I look forward to meeting other members and their opinions, experiences, etc via this great cyber landscape.

Some brokers also get paid via YSP (yield spread premium) ...

The market here can be good if you choose your areas wisely but wholesaling isn't a possibility here and closing on a house has to be done via attorneys which can take a few months.