Pretty simple but that one step will absolutely allow you to get a better rate than a cash out loan.I hope that make sense how I am describing this.

I know a simple notebook would work, but I'd like to find something to have on my phone that I can have with me all the time.

page=5Bonus for the weekend, my collection for starters (read the comments too, and then if you like the author, go check out what else they wrote): - https://www.biggerpockets.com/renewsblog/stages-of-investing/ - https://www.biggerpockets.com/renewsblog/newbies-learn-real-estate-investing/ - https://www.biggerpockets.com/renewsblog/5-ways-to-know-youre-not-ready-to-invest/ - https://www.biggerpockets.com/renewsblog/ideal-vs-desperate-investor/ - https://www.biggerpockets.com/renewsblog/how-much-to-offer-property/ - https://www.biggerpockets.com/renewsblog/hazardous-attitudes-of-investors/ - https://www.biggerpockets.com/renewsblog/2016/05/31/21-traits-scammy-real-estate-investment-guru/ - https://www.biggerpockets.com/renewsblog/youre-not-cut-out-to-be-real-estate-investor/ - https://www.biggerpockets.com/renewsblog/questions-new-investors-should-ask/If that's not enough, ping me and I'll give you a whole collection of blogs and podcasts to follow.Bonus 2: 1) Read at least one hour per day every single day.2) Remember the quote by Jim Rohn "You are the average of the five people that you spend the most time with."3) Check for toilet paper before sitting down.

At some point it would be cool to find an off-market property and do a more serious project, but for now we thought we'd keep it simple (this is also a great tax deductible excuse to visit :) Any thoughts on the strategy and current state of regulation around Denver/lakewood/Aurora/Centennial?

If you are over in the waukegan area schools, I would guess some of this may be higher given that rents are lower and that can cause different types of tenants to have to rent to.For my single family investment, I just use a simple repairs, cap ex, vacancy expense. 

@Sharee Mitchell I like that, Very nice & Simple!

The benefit of the Series LLC is that the formation of each series is simple, since it is a private document that you can create from your computer at home - which sounds like it would make your life a bit easier.

Purchase price: $18,000 Cash invested: $3,000 This is a fee simple, no HOA, townhouse bought during the depth of the RE crisis in 2010.

After some simple negotiation, he agreed to $25,000 to sell the loan.

Less money out of pocket = increased return on your money.A simple example illustrating the concept; 300K senior loan.