Take your time-Do your “Due diligence “ I know of at least one company doesn’t charge fees until you invest in an asset.

While the city council’s societal heart may be in the right place (for the tenants getting priced out of the Seattle) the onslaught of recent ordinances (1st in time application - challenged and overturned in Court, limits on move-in costs / pet fees, no criminal checks, etc.) these have in many cases encroached and/or completely ignored landlord/property owner rights and create such complex regulations that it is in many cases not feasible or cost effective for small mom & pops to manage their own properties, so they reach out to pros and pass the costs along to the tenants.

Do not attend any seminars that charge money or that will ask you to pay money the vast majority are scams. 

I am hoping for a source for vetting or otherwise determining if a private lender is legitimate.Thanks for being available for this big stepRichard Murray Not sure if this is applicable to you, but FYI the mortgage industry uses a mortgage-specific FICO algorithm.

I helped them out by not charging them a deposit and gave them a better deal on the monthly rent.

I charge a flat fee to market the property, screen applications, get the tenant under contract, and collect the first/last/deposit.

I have no problem providing the underlying beneficiary SSN because the application has a specific entry for the EIN.I don't even want to begin to imagine how someone would open a bank account with Wells for an LLC wholly owned by another entity. 

I am very familiar with the condition of the property. the seller and I use the same property manager who charges me 5% because he manages 12 other units for me.

(Not applicable to you)It generally ends two years after the close of the tax year any gain is realized( not recognized). 

They charge 10% or a minimum of $75 per property.