@Mauricio Hernández Don't know if transferring title to a single member LLC will actually shield you from liability as many attorneys are expert in "piercing the corporate (LLC) veil, but it does put up an additional layer of possible protection.Forming LLC is being easily done on the internet, popular states for LLCs are Nevada, Texas, Wyoming and Alaska; however benefits of out of state (foreign) LLC from where the property is located may illusionary.

Jason - I sent you a PM with my e-mail address.

It needs far too much cosmetic work for the typical owner-occupant, which explains why it has sat on the market for so long in an extremely popular area.There have been two houses in the same neighborhood that were bought, rehabbed, and sold within six months of the initial sale, for what appears to be very decent profit margins.

I am an ex realtor, but short sales werent popular back then and never dealt with one.

Not saying you cant make money off mailing to a list of absentees but its exactly what EVERY new investor is taught and exactly who they mail to along with the 50 other guys and gals who read the same e-book or article.

A popular book that you can order Used on Amazon is "Profit by Investing in Real Estate Tax Liens: Earn Safe, Secured, and Fixed Returns Every Time" (Paperback) by Larry B.

For married couples or multiple adults that will be renting, I get separate e-mail addresses for each adult, then send each of them links for the application.

In my opinion John is a "squared away guy"The real test for me with any coach or coaching program is "accessabilty"Specifically ,does the guy return your inquiring phones or e mail personally or does he have some "boiler room person" paid minimum wages responding to you?

One popular pro forma is through BP: http://www.biggerpockets.com/files/user/JasonScott/file/20-sfh-rental-analysis 3 - Educate Yourself.  

Large ones are increasingly popular and it's not unusual to see 125 to 250 gallon monsters.