Part of the willingness to make offers far below asking price is dependend on just how active the buyer wants to be.

We operate like any other business from 9 to 5, and by appointment on the weekends.

You'll get newspapaer, radio and TV coverage, sponsors for materials, benefit and fund raising activities to work with.

I'd suggest when yoy talk to your attorney about forming the LLC that you include, specifically all kinds of activities in your Operating Agreement and Certificate of Incorporation and not rely on that catch all description of doing all things.

I have not been very active on the Bigger Pockets Forums lately due to some personal experiences.

It has been 14 months since i started but like I stated before I completed the project myself, with cash, on nights and weekends.

There are a couple of groups for people in Vegas, but they aren't very active.

I suggest you crunch some numbers and if reducing principal is your best use of funds with such low current rates (unlikely if you're an active investor) I suggest yo always take the longer amoritization and make additional payments to the mortgage.

As a passive investor with active participation you are allowed to take up to a 25K loss against ordinary income.

Maybe more heavy tasks would have to be done on weekends when your spouse was home to watch the baby.