Our office is our smart phone and tablet.I executed a joint venture with Elite Real Estate Systems who provides agent websites and BoomTown (an unbelievably robust CRM/back end) along with leadgen.  

I prefer 4 way stops and 2 way stops with a light pole near by.

I am about to venture in to my first real estate deal and I need a little guidance on how to split fee's with an investor (whom is also a family friend).My Aunt is moving out of the country and selling/gifting me her home in Yorba Linda for $800,000.

Even in a down market having a tenant who is late or stops paying rent is not worth having around.

Ultimatley, in theory a one-stop shop should offer you the most comprehensive sustainable results, you want the boutique Turnkey provider in your case.

Freddie/Fannie issues come up as well, primarily when PMI is involved, so you need to stay up to date on PMI guidelines if doing short term flips, many of them have NO WAY in 90 days rule, and 90-180 days a 2 Appraisal rule, and it doesnt stop at the PMI company, some Lenders have their own internal set of guidelines on this, so one bank may be able to do it and another cant using the same secondary financing, the funny part is most loan officers have no clue what you are talking about when you try to cove this on the front end.

. :)Property management companies might charge more if there is more maintenance, and you might need a super if the tenants are not used to cleaning up after themselvesIf you total all these up the 2% rule-of-thumb may not be the returns you're looking for, especially when you factor in the tenant headache you are dealing with.Last point: often if you buy a property for $30K you will likely be selling it for $30K in 10 years, so don't expect to necessarily get rich off the appreciation.With all that said don't let this stop you looking for property, because you MUST start somewhere - we all did. 

I finally decided to make the move to stop trolling and officially introduce myself.

@ Chris K - yes - me either - I have actually had to kick people out of my yard - and it wasn't even vacant - I caught a delivery guy taking a piss in my garbage area and kicked him out made a guy trash digger leave my house cause he was leaving garbage all over and getting beligerant and telling he did this every single day and it was his job and that he knew everything we ate , drink , and threw away - when he would not stop  - I physically closed the lid on his arm and removed him from the areamade some guy drop  a package he was trying to take away from my multiplex when he could not identify himself or why he was taking it .. saying that it was his " cousins"  - made him drop the box.. he said  " i was gonna feel stupid when i found out i was wrong later... "  that never happened - it was my tenants packageI could actually go on and on .... in retrospect ..

Hey yall, I'm new here and beginning my venture into wholesaling and came across a great resource that made my 1st batch of custom 'yellow letters' look great.