Then offer, if they have any other needs in their business, that you're really hungry to get involved and to learn the business, so if they needed help answering phones, cleaning toilets or whatever, that you'd love an opportunity to work with them and help out. 7.

Take this all with a grain of salt, but to me when the conversation involves house hacking in an expensive metro area like NYC/NJ the bigger picture is more important than the immediate short term cash flow. 

Is it better off doing that or just getting your own people involved.

If you want to 10x yourself, thing bigger and more creatively....and consider hiring a coach in the area of your focus (see links - first one is from my coach on ways to get into MF investing; the second is an interview I did to share ideas on how I got involved and accelerated my experience, learning and income).  

@Ashley Cast, basically, if the money's not coming from your account, you NEED to know "other people" who DO have the necessary money, and are prepared to go into some sort of business DEAL with you.

She offered to pay 6 months in advance and we went to her bank branch and verified that she had well over 100,000 in her account.

The five states that account for 40% of the foreclosures, only make up 33% of the population.And NY, GA, IL, NC, & PA, all have more population than Ohio, but did not make the list.

Be prepared for a ton of phone calls and "stop by's" in the process if you involve them in the front end 

Thank you Julie Chenery I will defiantly check that website out.Tim Priebe thank you for the link i will have to check it out.Jim Bowser I defiantly will meet with an attorney and my accountant before I start at this time I am trying to get my marketing strategies lined up and I want to make sure all the names are owned by me so that once I finalize the direction and specific purpose of the company I can roll it all out and I will not have to worry about names not matching.

I love BP because it provides so many people a platform to be able to discuss many issues involved with RE.