Great age for reading self development books: Rich Dad series, Millionaire Next Door, etc.  

@Doel GonzalezYou and your wife can purchase up to ten properties in each of your individual names.

I think maybe I need some type of a 24 volt timer that I can wire to the individual zone valves (each unit has one zone and one t-stat.

If I had a rich Uncle and he funded my deals, I'd make sure that the AOM included him after the note was purchased.  

I'm looking into having a page on my site in order for individuals to leave their information.

Every time the guru's come into town with get rich quick seminars, real estate agents get calls from investors who want a screaming deal in the next couple of days.

I recently stumbled upon a situation where the individual was selling an FHA home after living there only 3 months.

I decided to pull in a group of friends (none of us have a whole lot of money individually, but together we have more than enough money to get started.)Something we're taking into serious consideration is the option to create an LLC to use as a means of acquiring property.1) Is this a good idea?

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe E-MythThe 4 Hour Work Weekhttp://flip2freedomacademy.com - free e-bookFlip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!

As for private lenders, that's a different story since they are individual people who may be happy with the arrangement you propose as long as their investment is secured and they receive the return you promised.I would think that the rates you would pay a private lender would make the investment a loss since you're going to be paying a higher rate.