Too many people place there own lifestyle perceptions upon others, thinking it's gotta be a scam, why wouldn't they just buy.

At one point I had all of nine, so my perception is vastly different, than say Nathan with 400.With 9, it was still fairly easy to do on top of another job.  

They're at a point in their life where they're in a pinch due to a life-changing experience, numerous bad decisions etc.

I guess I should only really consider LOCs for when my cash is tied up in numerous deals?

Private money is just that folks that are personally known to you.one thing that is happening that I have noticed in the industry.. because there is a perception that private money is CHEAPER money than Hard money..

There's numerous services that handle this, just "tenant ach" on google to get a good list of options.

Be prepared for numerous requests for documents.After the property settles and becomes yours you have 6 months to finish the property.

An inspection has saved us numerous times.

I was not implying one should use cap rates to price the property for numerous reasons.

Rental properties is the first step to financial freedom, as it offers the perfect opportunity to earn passive income, while enjoying the numerous benefits that it offers via tax shelters.