Bottomline, VA is a pretty sweet deal if you can find a hack or something worthwhile to utilize it then you definitely should!

Sounds pretty good to a college student right?

I know there was at least one poster that was using peer to peer loans but I believe they were refinancing pretty quickly into a regular loan as the interest on those peer to peer loans is too high .

is taxes for syndications as simple as importing the year end K-1 form into turbotax and thats pretty much it?  

@Frank ChinHi Frank, thats a pretty crazy story, yes I see what your saying about why not giving out the upset price, but I see your from Queens too, so you know they do the foreclosure auction every Friday at the court house - all the foreclosure properties are auctioned there every week. 

I was pretty comfortable with the fact that they were not criminals and usually at the University on scholarship.

I’ve pretty much got the rest of my team in place but am having a hard time finding a company that is willing to give a fair price for the job.  

So looking at that, it looks to me like a pretty decent first investment. 

@Austin Works, yes that is pretty much it.

I'm hoping that I get some good information although I'm pretty confident most EVERYTHING they say will be something I already heard on a Podcast or read/heard in a book.