In Madison, and I assume your market, we have always had discount broker options to basically just get your listing on the MLS and not much else as well as sellers just exposing it to the market themselves off the MLS and hoping to maybe pay no buyer agent commission, where the buyers have no agent they are working with or the buyer agrees to pay their agent directly. 

The house must have been a more recent purchase based on the balance of the mortgage and current value, so you may end up losing money on it after closing costs.Even if you get $2600 a month, the PM will take a percentage of that. 

They handle things like getting a refund to your credit card at home depot with ease. 

Because that's the way wholesalers get around the law.

You can own 1000 units and get crushed in this business.

Get your personal financial life in order if need be.  

@Chris Seveney this is a sentence is an NDA they (broker) wants me to sign prior to receiving property info.How would either of you progress with this in getting property info?

@Lavette Reid Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Please don't get separate LLCs that you own individually.

Get a business line of credit for a single family home owned under our LLC.