As we want to limit our liability we are looking to incorporate.

Dad's original properties - sole proprietorship, and two separate limited partnerships(conveniently all in his name).

Desire/DriveCommitment/DedicationDisciplineEducationCourageDeterminationExperiencePerseveranceOrganizationOptimismYour most powerful weapon against fear is to simply take action.

I personally like to work with brokers rather than banks because they have more advice to offer and more negotiating power, IMO, although they do charge you for it.are you sure you have to pay $120k for the home, can't get it cheaper?

Necessity can be a powerful beginning motivator; I just don’t want you to live that way forever.

But they limit you to 4 properties at a time, which does not work for me.

I am a Lease Purchase Specialist and Consultant on this wonderful strategy that has allowed me to invest in properties and consult in Puerto Rico and the US.My strategy is combined with a great attitude, powerful contracts and a desire to help others achieve their goals!

I understand I could give the local realtor a limited power of attorney ??...

However, I do not know whether this will be attractive to investors and I do not know whether to set it up a a limited corporation or a partnership.

While LLCs are handy little suckers, their use for new investors can be somewhat limited in a practical sense.