I see OREO brokers selling 10k homes and charging flat rate 2500 ... so on and so forth.. so you could go that route as well. explaining to your sellers that these are tough to sell you specialize in this and you will get the job done.. you will also get listings by playing off of or explaining to these folks the dangers of tying up one's property with someone that can't close...

Only way it is at that price is if it is in a dangerous/run-down area or if the property is in need of a six figure rehab.

My advice - know the distinction between JV and syndication, understand the ins and outs of each, learn the lingo, etc. before going to raise money!

(The Android can also but its more cumbersome to set it up).Also make sure your printer can copy/print LEGAL sized documents as this will be a distinct advantage when dealing with Real estate, Legal, Hud docs etc etc.Another idea is to setup a virtual fax # that is internet based.

It's important to me that I avoid the burnout that a huge mistake on my first deal might cause me, but I know there are dangers to being overly cautious as well.

There's a pretty clear distinction between these which is really confusing.

Most people do conflate his advice into one, so I'll make the distinction below:DR Personal Finance Advice (@Aaron Breckenridge):- Have an emergency fund (6+ months).- Do not carry a balance on a credit card and pay cash for all debts besides your primary mortgage.- Invest in index funds rather than individual stocks.DR's Real Estate Investment Advice:- Pay all cash for your rental properties.- Enjoy the "free cash flow" without a mortgage.- Save up this cash flow for the next rental property (pay in full) => Rinse and repeat.I agree with @Caleb Brown and @Mike Anderson's premise that most Americans are financially savvy.

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The valuation and market value of a multi family property differs from a single family and you want someone that understands the distinctions if you go that route.

One of the dangers with virtual staging is that it can be used to deceive potential buyers into believing that rooms are substantially larger than they really are.