Looking forward to hearing of your ventures as well.Thanks for all the info and encouragement everyone.

I've been thinking about venturing into this side of the business, but would like to hear some feedback first.Please note: I am talking about managing SFRs only.

CYA: I'm not a laywer or a CPA.I would certainly use an LLC for this venture but I wouldn't stop there: I would get adequate umbrella/liability insurance.

After the closing, the investors sell the house to the legitimate purchasers at the higher price, and the realty agent and the investors split the profits.Based on this article, can someone on this forum venture a guess at what point the transaction described became fraudulent?

Wanted to better understand what type of work is generally cheaper using a contractor rather than DIY or using handyman/laborer and buying materials from Home Depot.In my experience I found that Vinyl Windows were cheaper.

And great point if you have a spouse who doesn't support you in your ventures it can cause a strain on the relationship.

Venture capitalists and investors in IPOs can have huge paydays when their investments are successful.

Companies that do technology incubation, like SproutBox, are venture capital firms that incubate good ideas and invest in them.

I like the team approach but I also like stability in my business so I understand the need to venture out.Since I have the team in place, maybe I should start asking some Atlanta buyers where the best place is to get started.

Are you working REO's or do you venture into short sales?