You might get away with using a mailbox service address (like UPS Store, etc), but I haven't tried it.

I have gone to my local REIA and between the people there (local know how) and BP I am getting a great well rounded education.

He is thrilled and thinks he is getting a phenomenal deal since the neighborhood is in gentrification he feels he wants to stay for a few yearsAlso you have to understand also that the kitchens and baths and living spaces are way above grade for the area water fall faucets, laminate flooring, deep sinksglass back splashes tiled floors in bathrooms rain shower heads washer dryer hook ups and the rent is ultimately on par or slightly less than the neighborhood so I feel I have the right to be selective(that is my arrogance talking) so to address that as far as my process seeming arrogantI have been accused of being arrogant before so I wont be mad anyone for saying that.but I am genuinely a nice caring person who will bend over backwards for my tenantsso i may be a little arrogant but I will jump through hoops for them just like I am expecting them to jump through a few hoopsI will say I am humbled by all of the solidarity against my plan so I wil re think it I have much to learn and this is my first venture into this game I am doing it solely on instinct and my intuition so thanks for all of your feedback everyone I am positive it all came from a place of love and caringJust a side note I am so laid back and easy going that sometimes people tend to take advantage of my kindness so part of what I do is make sure the people who I have to interact with have some integrity and moral character so that I dont have to be a bad guy when they stop paying their rent because they somehow think they can get away with anything and they push the envelope until I have to show my teeth

You need to factor in a capital reserve to replace big ticket items like the furnace and roof.

There is a REI Club in Riverside called New Wealth Advisors Club, but they want you to purchase a $500 ticket to attend a 3 day course on REI.

Typically, in my area, if you aren't willing to 'get creative' you simply won't get inside 70-80% of the 'good deals' before they go off market.Hour one: Listing hits MLSHour two: First person goes in legally and puts the key back in the boxHour 2.5: Second person goes in and DOESN'T put the key back in the boxHour 2.8: Third person breaks the door downHour 3: Fourth person breaks another door down and then uses spare lumber and a cordless drill to seal the house up (Conveniently rounding off the screw heads)Hour 3.2: Fifth person drives off in a huffHour 3.4: Sixth person breaks the screwed-together door down with a 10lb sledge and a flat bar, bolt cutters, portable grinding wheel, or what have you.Hour 4: House is under contractDay 3: Another key gets put in the lockbox, but by now the 5th guy who wanted to play by the rules is already too late since the house has been under contract for 2.5 days.So yeah, it can get frustrating.

I was joking.......so everyone needs to check the Off Topic area, someone may be giving away free tickets or something

Also when forming the entity, can I get away with wholesaling the property in a C-Corp instead of an LLC, considering the cost is $281.25 vs $600.00, or am I setting my self up for failure, because there is a major disadvantage in using a C-Corp instead of a LLC in wholesaling to Rehabbers...Thanks for reading

I don't like the type that have the round float on a metal arm.There's one toilet that doesn't have a flapper.

I also see a lot of good potential in the south - Florida, Arizona, New Mexico because of all the baby boomers getting ready to retire and get away from the snow up north.