Define your buying criteria (cash flow?

Normally I would amortize the origination costs (appraisals, origination fee, etc.) over the length of the loan but this LOC has no defined end date so just wondering how to amortize these costs or if I should just expense the entire cost this year.

Even with those types are sub sets of asset types, states cycling at different points versus nationally, different price points cycling at various times,etc.So you have to define a plan and be a visionary with what you are doing now and where you see things happening in the coming years and planning ahead.

Others will say to keep a reasonable (defined by each individual) amount of debt on your property. 

I define passive as not having to rehab, wholesale, or any activity that requires me daily to keep the machine going...so that more or less leaves buy-and-hold of some type, perhaps buying notes, maybe something else I'm not thinking of.

Daniel, yes, I would say you should account for the management fee, in our area on MF the rate is 8% and then it goes down relative to unit size, you have to consider no matter the partnership, someone will have to get paid for this whether you are the defined management or a 3rd party group - 

You just have to define your business plan, and make it work for you!

In the absence of title insurance--which is not available for a quitclaim deed--the person receiving the quitclaim deed has no legal recourse because the deed itself states that only the interest of the grantor, if any interest exists, is conveyed.Whether title insurance terminates by transferring real property depends on the type of policy and how “insured” is defined in the policy.

Hi @Cameron Johnson,  you'll need to define what you mean by "flipping notes". 

Here is how the rule defines investment advice:A recommendation to buy, sell, hold, or exchange investments or a recommendation on how to invest assets that are rolled over, transferred, or distributed from a retirement plan or IRA.A recommendation regarding the management of retirement plan or IRA assets (e.g., investment strategies) or a recommendation regarding rollovers, transfers, or distributions from a retirement plan or IRA—including whether, in what amount, in what form, and to what destination a rollover, transfer, or distribution should be made.As defined in the final rule, a recommendation is a communication that “would be reasonably viewed as a suggestion” to take a particular course of action or to refrain from doing so.