While they can be a hassle your looking to build up a client base and having anything you can call a reference is good in the beginning.

I made my clients price aggressively.

As new to the US real estate (i am a foreigner) I want to start with multifamily (ideally apartment buildings) already rented and in OK condition to generate immediate cash flow without having to incur large expenses in the first year(s).I am looking in PA (as I have some connections in RE there) or FL (nice weather).

I'm a photographer by trade - I've shot for ad agencies around the country, traveled from Japan to Jamaica for weddings and have billionaires among my portrait clients.

@Ibrahim, your client lien may have been re-recorded by the IRS for any of several reasons and may, in fact, be the same debt.

Eventually after putting the time in you could get a senior position with a better split or go out on your own now that you have contacts and your own following.If you do not have experience it will be hard to pickup clients when you are talking high dollar amount investments as they want experience.

I just completed a deal here for a client where we put the property under contract with full rights to access the property prior to closing.We rehabbed it, sold it and double closed it to the end buyer.Total out of pocket expenses were zero.

The person filing the Articles is the organizer, who does not need to be a member or manager of the LLC (I sign & file Articles for clients.)

You'll also have responsibility to ensure that everyone is insured appropriately to protect yourself and the investor/client/homeowner.The other option is to serve solely as a "paper contractor" or "construction manager" (same thing, different terminology).

Hedge fund investors are investing in Calif and AZ so they definitely are doing something that they think will work for there client investor base.