If you think that you can take a production enterprise and just start adding service components to it (or vice versa), you're in for a big surprise.

Is it crucial to have a copy of the cosigner's social security card and/or a federal issued photo ID such as a drivers license, passport, etc.?

People have no social skills these days.

I dont think so.And home loan credit is not going to loosen up for home mortgages, which affects appreciation.That is why I like lease option assignments to be a strong component in my REI business, along with wholesaling and rehabs.

Social media, networking events in your area, Craigslist ads and talk about it to whoever will listen.Here's an example of a Craigslist ad I've ran...Title: Handyman Special!

But you will need to have it under contract first so you will need to use your social engineering skills aka confidence to do that.p.s I have done plenty of deals where I only put down $10 and some where I didn't put down anything.

I am:- handy and can assist with the renovations- analytical and could help run comps, make projections, book keep etc- web savvy and could help spiff up their website and create more of a social media presence (BP, twitter, youtube, fb, slideshare)- driven to learn and grow as a person and investor- willing to freely give up to 20 hours of my time a week with the right fit (currently working full time at Lowes)They asked for a cover letter and resume.

When bringing those to components to the table it will show your value that positions you to approach an investor with confidence.

Has anyone used social media to find scouters?

I do two tier COMP on SFRs - 1.