Be willing to split the profit very favorably toward the partner until you've proven yourself and built some capital to put some of your own skin in the game.For a presentation you would also want to provide information on what teams you have access to--do you have an agent with expertise in local neighborhood pockets, one who will sell for 1%, do you have crews, someone bringing you wholesales, etc?

It was still under "normal" rules here in NY.

I want (hopefully) long-term tenants with their own skin in the game.

For those talk to small banks/credit unions or commercial divisions of normal banks and buy non-owner occupant under an LLC. 

And penalize him for missing these marks - perhaps placing new tenants for free if tenants do not last X number of years before leaving or having to be evicted, sharing in damage costs beyond normal wear and tear, etc. 

It's that due diligence that's key because for the normal real estate investor these are different animals. 

We have such a healthy market normally and thats on top of the crazy influx of investors this year.I started with MLS, picked up 2 off auction, and now will probably be spending most of my time with off-market deals.My future goals are to connect with a multifamily broker to acquire some 2-4 unit rehabs. 

Normally, trader income is not earned income.

which mind you is not as luxurious as it sounds, as where there is poverty, there is always the darkest sides of humanity, and I only know this because I came from poverty... yes, here in Hawaii... the side they don't share with you on TV and magazines... its tough here for locals sometimes, especially in markets like Hawaii where affordable housing is limited, and the normal market rents are just way too high for single income families.

History has taught us that 3-6 months of inventory will result in normal sales, less than 3 months of inventory will result in quick sales, and more than 6 months of inventory will result in slow sales.Months of inventory is calculated by taking the current number of listings divided by the number of sales in the previous twelve months.An example would be:There are currently 24 homes listed in Anytown, USA in the $250,000 - $300,000 price point.