I have been telling my applicants that I do not charge for application fee and I tell them upfront + on listing + on prescreening interview that I require to do a background/credit check and that will require a fee and that is sent to them and they can wish to proceed if they still desire to.Please let me know what you think, and what you think I should do going forward.

Try to pick 3, then interview investor focused agents, pick one who 'gets' your goals, get set up on auto-search emails that match your parameters (budget, asset type, areas), once the HELOC is complete make an offer on the first property that fits your #s!

Does anyone have an Interview Guide that they use to qualify potential lenders?

There are good PMs but I would definitely recommend interviewing at least 3.

I would recommend interviewing several brokers in each of the areas that you might be interested in.

As a brokerage owner here are a few things that I look to be asked in any interview;1.

I was recently introduced to BiggerPockets and have been listening to nothing but podcasts, interviews and I just finished the book “How to Invest in Real Estate”.

Even still my numbers came out to around $800-$900 cashflow/month.Regarding the PM, I will take your advice and confirm the rental prices when I interview them.The benefits that you mention there at the end of your post are great checks and balances no doubt but I have been in contact with (5) people (that I have met through BP since Dec) that have used this company and they have all said nothing but awesome things about this company and their legitimacy.

This means don't come to me with a problem unless you have possible solutions to go along with it.3) Is as obsessed with with being the best  cold caller/acquisitions specialists as I am being a businessman4) Someone who already has the training/experience in cold calling and skip tracingMy first employee I hired within a week , over 2 interview, and spoon-fed him everything.

Interview everyone to make sure they will be a good fit for you.