If a bank would allow a transfer to a LLC in the future that would be great however from what I have read that is unlikely.

I enjoyed reading this post.  

I've read that the 2+1 rule is unwritten law, but it seems like that's not a hard law anywhere.I have a 3 bedroom 1 bathroom property and had an applicant that wants to move in with 6 adults total and two children.

I really liked one idea I read in a book (forgot which book) that goes like this:Record a very long voice message (3-5 minutes) that converts desperate homeowners into interested sellers.

Thanks for the feedback.

Hi all,I'm very new to real estate investing and have been reading through the forums and guides to decide my niche and how I want to structure my first investment.

Make sure to read the Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing

I'm just as inexperienced as you so I can't offer much but I've been reading books and forums relentlessly.

I've been studying for the past 4 month my Real Estate Sales course and been reading REI books, listening to BP podcasts and gaining as much information as possible.

Read your contract and make sure you get paid any late fees collected.