I doubt that he is even going to stay there since he is taking care of a family member and stayng there most of the time.

you're right about non-rcourse, butr those aren't easy to find. in my scenario i won't have to go that route. the company i'm working with is at www.wolfecapitalgroup.com. the guy i'm dealing with is Tanner at 702-982-5226.i'll also be giving you a call.you did exactly what i'm doing, but you have to be very careful in the wording of your LLC and way you purchse it with self-directed IRA, or you'll have IRS problems.i found a good article at www.paladinregistry.com/LFP/article_detail.php?

You are the MANAGER of the property.Second, you shouldn't care what the tenants think.

I didn't ask any details about the house (I don't care) - I simply asked how much he wanted for the house and where it was located.

After you find the niche that you want to do, then you need to have all the people that you mentioned to help you get thru each step as QUICK as possible....with QUICK being the key word...because the quickness is what helps the motivated seller take care of his problem.

I would probably give him his money back just to get him out of my hair, but under one condition; he sign a document releasing both of you from any previous agreements.

So far I havePM fee (% of rent or flat fee)Lease upsMaintenance (upcharge)Vendor rebate program on items such as appliancesPet fee (not sure if this goes to the owner or PM)Lawn care (upcharge)CleaningRenters Insurance (commission?)

Many landlords don't care much for putting the extra nice finishes on their houses (maybe because their houses aren't cared for by the renters).

I'll message you when I'm closer to being home and we'll get together.Take care and I'll look forward to meeting with you soon.

Just came across some interesting properties on auction.com, and they do offer special warranted deeds, I guess it is better than quit claim deeds, which you don't even know if the seller has the right to sell.If you receive special warranted deed and clean up the ones that bank didn't, you are good to go, and may flip to next buyer who would take mortgage.Anyone has experience with special warranted deeds, care to share?