As we grow and things get a little more hectic I am contemplating some sort of assistant to help with marketing, daily tasks like phone calls, acquisitions, etc.

Here's some that I can think of:Rate bird dogs or lead statistics (closed vs unclosed)Check if a lead (home address) is already listed in MLSBird dog basics and guidelines (educating new bird dogs)Pay bird dogs through appForumFind new bird dogs in your areaList your personal criteria for good leadsList details of lead (address, why owner is selling, in forclosuer,etc) What do you guys think?

But regardless of how many strategies I may want to use, if I can't perform the basic of basics, level 1 real estate of acquisition of any property or have a stake in it, I don't think I'll last very long.

My net is significantly less due to numerous pre-tax expenses (Daycare FSA, Health FSA, retirement, etc etc) we gross around $56,000, a large difference from what I first posted.As far as SFH vs. multi-unit, I can certainly understand the desire for multi and the increased cash flow, however at the moment I don't feel we are up for the task.

A little oversimplified, but that's the basics of the process we follow.

Basically anything you're interested in learning more about.

Trey your on the right track but you should be able to reap the benefits and limit your liability as well.In CA, we have this form below that basically tells a seller that you are not representing them and they should seek legal,tax,etc. counsel if they need it.http://www.wrightrealtors.com/pdf/non_agency.pdfThe good thing about TX, is that the laws are much different and the disclosure requirements are much less.

Basically, she is a busy professional with a family and kids who doesn't have the time to do what she wants to do in real estate.

But - you're basic outline is correct and hasn't changed much here lately.

It was not a deposit, basically.