I think our biggest issue we are facing at the onset is to locate a great Mentor locally or to join Lifestyles Unlimited and/or Rich Club or will all 3 be beneficial to us?

If the seller/agent doesn't think ot's close to an acceptable deal for the bank, they likely won't accept your offer. .Most agents won't waste their time with an overpriced listing, and there is also no incentive for the owner to over price it with a short sale.

My biggest question is who would want a non-performing member on their "staff"?

And he would have incentive to take care of it out of pocket as he wouldn't want to turn in such a small claim.

Also search for "meetup" and the biggest city near your area, and you may be able to find a local meetup or REIA to network with some others and learn more.

I think one of the biggest differences with some of us buying on the left coast is that we use a lot more leverage because of the higher price point (I'm sure you've seen the local MLS!).

The only way to deduct life insurance premiums, add to that the tax deferred earnings and a possible return of dividends makes it a great tool to utilize.I like and recommend everyone to have an HSA; safer, tax incentives, not to mention all gains are tax free if spent on qualified medical expenses (a great way to pay for long term care premiums!!)

They have zero incentive to work with you.

If you're about to have legal actions, don't do anything, eviction was one of the biggest issues I was referring to.

It seems to me from what I hear from newer investors, including myself, is that one of the biggest problems is getting over the hump that is financing multiple deals.