Lawyers seem to pounce on those for some reason...

I know everyone is friends now, but do yourself a favor and spend a few bucks on a good lawyer.

;)I will try a postcard next month, and see if keeping consistent contact and message proves effective in the future.

I say this because the 'Protection' aspect touted by the LLC has never been tested in court (so i've been told by a lawyer).

This is better than a Virtual Assistant because it is written by a lawyer, it takes me maybe 5 minutes to email him with the details, and when it's done it's a good looking, professional legal document that cost me nothing.

Over the course of a few years, you have great baselines built up and can then more effectively negotiate with your property manager to reduce these fees, especially if you have a substantial number of units.  

With the custodian approach, they hold the funds, sign every document, cut every check, and receive every deposit.If your investment interests are more dynamic, and will involve multiple assets or assets that require a lot of transactions such as rental property, then a plan offering checkbook control such as an IRA-owned LLC will be more more effective and efficient. 

From what I understand, market changes effect home buyers (flippers) more than they effect renters (buy and hold). 

I'd advise talking to a real estate lawyer before you get involved in pre-foreclosures and ask for guidance regarding state and federal laws.

I tell them my boss buys houses in the area and then ask if they are selling or interested in selling.I know there has to be a more efficient way, maybe going closer to the actual foreclosure date so they realize the urgency or something along those lines and also maybe approaching the conversation differently.Does anyone have any advice, or methods they have found to work effectively?