Sure, it CAN be done with little to no money, but that's not the norm.As for where to begin, I'd suggest doing some reading and figuring out exactly what kind of real estate investing interests you.

3) What kind of broker might be most advantageous for this situation?

Account Closed its ok I expected that kind of response.

I would like to speak with the landlord to find out about the current tenants and to talk about the possibility of owner financing, and I would like to get some kind of application and list of previous residences from the current tenants, but the real estate agent says I can't speak directly to either of them - I'm still learning about the etiquette involved.

I kindly reminded him that that is considered yard maintenance and to throw some salt on the ice.What I have seen happen with someone (my wife's friends who rent in Royal Oak) is that the tenants (again my wife's friends) complain when the snow removal company isn't there IMMEDIATELY as if their property they are renting is the only one the company has to do.

I would advise that when you do the pipes pex is a good alternative as is it more forgiving of this kind of thing.

Max, you're in a huge market, there are all kinds of deals in your area.Sorry to hear you have spent so much money on falling into the wholesale strategy junk.

FWIW, our base lease states no pets at all, but before we found out what kind of dog this was, we did verbally tell her that we would try to accommodate the situation if possible.

Even if you can subordinate the larger seller note I think you will have a hard time.Banks are NOT creative and hate this kind of stuff.

I troll around here as time permits and have recently been seeking information pertaining to a specific question (or series of them) without really nailing down an answer with the kind of experiential wisdom that I have come to expect and appreciate from the BP knowledge bank.