This will involve actually knowing the city, or driving around those parts of town to become comfortable.3) Determine your holding period - if you want some quick equity, you can buy a place with some value add opportunities.

I'm looking to get a better broad picture of what is involved with being a landlord, and would obviously also like to pick your brain about the process and lessons you've learned.

Great source of educating yourself on whatever niche you want to get involved with--especially wholesaling.

Thanks Account Closed

See what will make the deal sweet for everyone involved. 

I've thought the same for checking accounts at the bank.

I had also been involved in 2 investment properties acquisition few years ago in my in-laws investment business, by mainly helping them maintaining the properties. 

I have no idea what I'm doing but I really really wanna get involved in real estate early on!

You are now forced to move your accounts and parked cash to some other prospect bank who says they'd be open, then you offer to move your banking and reserves accounts to them.

My concern is if the properties I am financing are involved in a cross collateral agreement that relates the apartment sale, and there is some kind of default, would the bank be able to step in (because their agreement precedes my first trust) and prevail to recover the properties that I have the first trust on?