Education is essential in any business.

If you take a line of credit secured against another asset then you're essentially buying for cash.  

Essentially we're saying the same things.  2.  

If they purchase the house and you renovate it, you're essentially playing the role of GC -- this reduces your risk and your payday. 

I have been perusing the BP forums and blogs for some time and will definitely continue to look here for tools, tips, and tricks. 

Con: They reduce my monthly cash flow (6 - 10%)Manage it myself:Pro: My cash flow is increased (at expense of time)Pro: Online tools make it easier for me to remotely manageCon: Time-consuming, especially during the leasing processHow to find a good property manager / leasing agentI go online and get reviews and quotes (Yelp, Thumbtack)I ask for 3 referrals or reach out to those people (note: I also ask tenants, since I want to make sure my tenants are happy and treated well)I ask what online tools and processes they use (for example, if they don't have an option to collect rent online ... then they seem pretty inefficient to me) I ask about transparency -- will they provide me with the background check, lease agreements, etc.?

However, I obviously have many more tools and information available to me as a Realtor.

I am trying to grow my understanding of the different "tools" available to investors.

@Samson KimaniWelcome.Maybe in the City/Town tax assessors report under Tools in the MLS

Below is essentially what the handwritten letter said:"Dear XYZ,My wife and I are interested in buying your property at 100 Main Street, Little Rock.