If properly worded, you can allocate the tax aspects (such as depreciation) in an disproportionate manner among members, for example.

Hello Javon, There can be a lot of different aspects of wholesaling, the thing is finding what is right for you.

people playing in what they dont know and possibly opening themselves up to litigation.Focus on one aspect of RE and be the best at it.

I checked all aspects to current income previous rental history, etc.

Once you learn, decide on what aspect of real estate investing you want to focus on and write a business plan.

If you haven't found the weekly podcasts, that is a great way to hear about different aspects of real estate to narrow things down for you.Be sure to stay active on the site to get the most out of it.

I'm interested specifically in rentals because I see slot of potential in that aspect and it seems more like something I would like as opposed to say flipping. 

Also smaller counties have less competition as the big money goes to the larger counties with more liens for sale.If you have never been to a tax lien auction I would recommend you go at least as a spectator one year to see how high or low properties are going for and get a feel for how the auction works.John

It is a good community to network and learn about all aspects of real-estate investing.

It is a good community to network and learn about all aspects of real-estate investing.