Considering myself still new to investing, I am anxious to find others to help me start down this road and have already established some contacts who wish to help.Looking for that first deal to quell any fears about the process and feel that this community is just the place for me.

I recommend you finding an insurance company/representative and establish a working relationship.

Also, during negotiations with buyer, you can stipulate that "buyer pays" his own agent saving you $6K and $33K respectively.

Although if you have an established relationship with a bank and have wording put in up front that X property is this percentage of the loan then you shouldn't have too hard a time if you'd ever want to sell one.

You have made some good points about the open house vs. scheduled showings with respect to occupied units.

I don't see much room for wholesaling unless you are well established in the market.

With respect to foreclosures, the most common reasons why a home would be unlendable are linked to its habitability.

Make your clients aware you work another job and they will likely respect that so this will be hopefully be avoidableI would not go to a part time lawyer or doctor.

I am a newbie investor and I am preparing to set up my LLC. Is it okay to use someone like LegalZoom to set up my LLC, or should I go to a local attorney. I did not know what the advantages/disadvantages of each...

It can be used as a tool to employ by advisors as a justification for charging a client, making it appear they obtained some great financial plan or a tax deferred transaction as a benefitI'm going to have to respectfully, but strongly, disagree with Bill here.