I prefer deals where all partners have skin in the game.

Hello,I am happy I found BiggerPockets.com as I searched for information on entering the Real Estate Investing World and becoming a successful Real Estate Investor.My wife and I are looking to do Subject to Purchases, Flipping, Wholesaling, Lease Option and Option Purchases and we find BiggerPockets.com to be the place to find out how to do it right,We currently own Custom Refinishing, LLC., a Home Improvement Service Company which has sparked our desire to get into the Real Estate Investing BusinessMy wife, Theresa, and I are very excited about being able to learn techniques and get help to build Our Real Estate Portfolio and learn the Real Estate Investing World through the knowledge and help of BiggerPockets.com Members, Forums, Podcasts and BlogsWe are looking forward to making new friends and build new relationships while working at our new Adventure of Real Estate Investing.We Hope add value and a benefit to BiggerPockets.com with our Services.thank You, Best Wishes and May God Bless,Donald and Theresa KlosCustom Refinishing, LLC and AOK Properties LLC

For your contracts, do you use custom contracts, or your states default contract?

Personally, I won't look at anything that would rent for less than $400/month bare minimum and I prefer $500/month or more.

I am his customer for my CRM system and am going to use him for this type of analysis of my data.

I also prefer to break down goals into achievable tasks.

If the seller is managing, you want to see receipts as back-up.If you're investing $100,000, you need another $10,000 in cash as a cushion, as an absolute minimum; I prefer double that.

Preferably a CPA who is also a buy and hold RE investor.

Base your level of finish (basic, standard, designer, or custom) on the neighborhood norm.

I've heard they prefer w2 income.