They aren't getting too much money out of seasoned old investors with rhino hide and big sharp teeth.They aren't nice con men, but they do exist, and because they do exist, people need to take personal responsibility for their own money.It takes very little research to learn how to manage money at a very basic level.

(i'm also thumbing through a book but haven't finished)basically i'm looking at 2 different 3 families Cost is between 160k and 200k what they are asking and where I offer.Rental income is 2900.I was told i could get a rate of 6.25 if I put 25% down, this can be done if I take out a second mortgage on my home.

As far as talking to them...I'd say just for the phone to get the basics (rooms, sq ftg, known repairs, etc..) and when a buyer calls, get the basics also (name, address, email, fax, etc..).

Would I go with a bank local to me (to perhaps start or continue a relationship) or am I basically required to use a bank close to the property?

When you rename the company, you can have basically the same name with some small variation… See an attorney.

Buffalo even has its own task force trying to crack down on these people.

You can probably find a basic one in a stationary store.

Sorry to ask a basic one, but I'm still in the early stages of learning the property analysis bit.ThanksJeff

We solve this by making it one of the last projects of the property and ending the day with one of the above tasks, after doing whatever else we came to the property to do that day.

I send people out to basically investigate a property and shuttle paperwork.