Who knows but you'll have the same rate from start to finish.Anyway, I hope this description helps you with your understanding.  

See NCGS Article 6, 42-50, and this description of legal trust accounts:http://www.ncbar.com/PDFs/trust_faq.pdf

This would be great as I already know of some places that fit that description and they are never empty.

Based on the description you provided, you will get a better return buying more real estate, if you are not comfortable owning investment property, evicting tenants, carrying debt, etc then the opportunity cost is negated.

With the descriptions of the properties it doesn’t sound like you have a hefty budget.

Thanks, JeffAs part of your request for determination, you will need to provide evidence, such as: Recorded subdivisions or division of land into four lots or less; King County or City documents indicating approval of a short subdivision; Recorded deeds or contracts describing the lot or lots either individually or as part of a conjunctive legal description (e.g., Lot 1 and Lot 2); or Historic tax records or other similar evidence, describing the lot as an individual parcel.

If you attempt to duplicate, step by step, what another player did, you'll lose because no game is identical to another game.You need to understand why real estate is unique, why it is valuable, how it is valued, why no two parcels are the same, what effects value that can be changed to profit from, why different regions have different market conditions, what the requirements must be to establish market value, how title effects value and how does title transfer, how government plays on real property requirements that effect value, and the list goes on.Yes, you'll learn terms, legal terms, like encroachment, easement, plat and survey, property descriptions, market value and what must be present to establish a market value, what a single family dwelling is (many here don't even know what that is, yet they try to deal in them), you'll learn what property rights are and how certain rights are conveyed, what may cloud title or encumber title, what a lien is and types of liens as well as their priority, what responsibilities there are with ownership.....and the list goes on.You really need to know what is and isn't legal or ethical in dealing in real property as opposed to personal property.

CONTRACT FOR THE SALE & PURCHASE OF REAL ESTATE PARTIES: Owner Of Record Their heir(s), successors, administrators and assigns, as seller who's address is _______________________________________________________________________________ and __________________________________________________________ and/or assigns, their heirs, successors, administrators and assigns, as Buyer, whose mailing address is: _____________________________________________________________________________________WITNESSETH: That Seller, in consideration of the payments, covenants, agreements and conditions herein contained which on the part of the Buyer are to be made, done and performed, has this day sold, upon the conditions hereinafter recited, to the Buyer the real property legally described as: SUBJECT PROPERTY: ______________________________________________________hereinafter the property, LEGAL DESCRIPTION:____________________________________________________________________________________________________________________________________________________________________________SALE PRICE: $EXISTING MORTGAGE(S): Existing financing on subject property will be current in all payments of principal, interest, late charges and escrow amounts required by the mortgagee.

Well selected property in Wake county fits that description.

Not a huge pain but in terms of something that can be made easier with software I wish there is a way to extend Postlets.Postlets is a website owned by Zillow and landlords can use it to create online ads and syndicate it to a bunch of other real estate web sites.You put in address, title, descriptions, features, photos etc etc etc and it's free.When a potential applicant likes what they see and they wish to contact the landlord for a viewing they press a button on whatever web site to contact the landlord or agent.I wish when they press the "Contact" button I can inject a custom form to ask the user several questions, such as "have you ever been convicted on a felony?"