Not all providers will offer checkbook control as an option in which case you'll need to go through the custodian for all transactions.  

I use Jon Rodriguez at Bailey Place Insurance for all my Mutli family insurance. 

It's encouraging to hear all the stories of many successful real estate investors who started with nothing.

I am very new to all these ideas and have been watching the podcasts, youtubes and reading articles as well, trying to narrow down my options.

Hello All,I am currently purchasing a 2nd mixed use property in the same market. 

I am totally open to ideas and constructive criticism as I stated I am new to this and would like to learn from all of you experts:) Thank you so much in advance!

Or do it on all new contracts.  

This is an all-too-common mistake: a rental sits vacant, less-than-desirable tenants are approved, and then those tenants don't pay and cause issues.You have to rip the bandaid off and ask them to leave.This may sound harsh, but it's not entirely the tenant's fault.

Let's say you want to stay conservative and only take 50% LTV, or $500,000.00, so that you don't have to sell anything in case of a market correction and there's a margin call.Step 2:  Purchase a rental property, all-cash, with that $500,000. 

Not all PMs are created equal.