Real Estate Legends is great in that they hit all aspects of the real estate market. they have a regular real estate division for listing and selling but the main part - their specialty - is managing investor's funds into great properties that they are flipping with an average turn around of 145 days. they also have a division for wholesale and rental properties as well.

s=hi&ie=UTF8&qid=1328745898&sr=1-5)I have a regular keyed entry for the main door, this one is almost a no-brainer as I don't want ex-tenants to have access to the common area after they move out and with 6 units, there could be a lot of rekeying.I'm thinking of setting it up as follows:Main door-8 unique codes -1 for each unit -1 "master code" that only I have -1 "maintenance code" that I can give out to contractorsEach apartment-3 unique codes -1 code matches tenants front door code -1 code is my master (this is on all doors) -1 code is maintenance code (also on all doors)Without doing much shopping around, this would cost me about $700 up front, $100 per lock.Here's my list of pros/cons...I'd love for somebody to add to itCons-High up-front cost $100 per lockPros-No lockouts-No rekey fees-No hassle for me to get in or give code to contractor-NO KEYSWhat do you think?

Ethanol was supposed to be an alternative to regular gas but it has since been shown to require more energy to produce than it saves.

@Clarence Bell You can utilize a partnership, with one partners self directed IRA  investing in the LLC and one partner using  'regular' funds. 

I have w-2, down payment, just lack the score to quality regular loan.

Attended the meetups and met up with a lot of folks for coffee or lunch outside of the regular meetups.I learned what bandit signs were.

This is especially a great deal because you can buy with just 3.50% down and not 10% so you conserve cash and the rehab is funded out of the same 30 year loan at the same low rate, say if the house or 1 to 4 unit and was damaged and not eligible for any regular loans.

@Charlie MacPherson @Drew SygitI found the following:In Massachusetts, a broker's license is not required for: Employees of real estate owners if the employees are performing the acts of a real estate broker or salesman for the subject property and if these acts are performed in the regular course of, or incident to, the management of the property.

Maybe there's nothing to worry about here if assets are re-assessed regularly, but there a huge # of transactions where this is not the case and it kills or should kill the deal. 

Exactly double the regular cost!