Read the local ordinances and zoning be prepared with full details, site plan, traffic estimates, noise, smoke, etc

@Tyler Erickson No need to look at the market twice a day - get setup with a realtor who specializes in real estate investments and they can set you up for a search which will notify you of any properties come available in your target areas.If you are looking for deals on the MLS you will have to be prepared to act fast - get your pre-approval letter ready and research so you know a deal when you see it. 

Dear BP family,As I'm preparing for my next investment purchase, I came up with a question.In case I buy my next investment property on my personal name ( not on LLC) and I'll obtain a mortgage, will I exhaust my first time home buyer lower interest rate benefit or I get to keep this benefit until I but my first primary residence?

And be prepared for a pit bull to be set on you or a gun to be waved in your face.

If you deny for any of those reasons be prepared to back up your case in court. 

To buy property in a LLC you will have to use cash, get creative and local bank funding.

Be prepared for the seller to say no.

They will know what you are thinking and answer your question before you can ask.I think preparation and knowing the price in the market will give you a big advantage. 

Just make sure that you are staying out of legal trouble with the signs :) A free and easy option is to market via Craigslist, or even BackPages too, by making ads stating that you are looking for distressed houses.Pay someone place business cards, door hangers, etc around the area you're looking.Many, many options, just be creative!

I have a duplex with about 60k in equity and both sides rented. I have a sfr that is free and clear which is valued around 85k and I have a 1031 in progress that is 5 months in and will be purchasing another sfr that ...