I have definitely considered doing this myself, but will probably just immediately sell my first few deals to get access to capital to get into larger deals, or just more single-families simultaneously.

There are certainly some inexpensive parcels around here, but nothing with decent access visibility for a SS business.

Your first couple weeks you meet up with a trainer to learn contracts , system access , etc.

Having quick access to cash will also be very helpful particularly on more competitive/desirable properties.

Investors must have access to other sources (institutional, commercial, etc) that can give them a mortgage.

Here's yours: http://www.westmilford.org/Cit-e-Access/webpage.cf...If the land is zoned residential, then you could inquire if it's currently owned (public records search will tell you).

If you are in one of these cities, what will happen to your rent price if there is a fancy new 80 unit going up two blocks away?

(Something I HATE doing)The main issue we had on this transaction was that I did not know that the city was a " block to block" city.This just means that it's a lot tougher to value properties because one street could be extremely nice and then you can go down the road and be in a war zone.After we got all of the mess sorted out, we ended up getting a price reduction and we are going to move the deal forward.Here are my top three mistakes.1.

So how should I file my taxes, CPA or diy (turbo tax, HR Block)?

We also need our basement entrance to come out the side or back corner of the house, as we don't want our renters having access to the backyard where our children play.