Based on properties I've seen, I'm wondering if this is realistic in the LA market.

I'm still trying to get a phone number for the HOA so I can do some further research based on some of the questions in this thread.

Originally we were not looking for a flip, we were making the offer based on the fact we would end up with a little sweat equity in the end.

Any suggestions for approaching RE brokers who might be interested in forming a relationship based upon our future VR Managment business- after working under broker for 2 years and then deciding to part ways what is the best way to retain properties brought on by myself.

I believe that just based on everything I've also studied about marketing, and why I decided to use my small saving of $3,500 to take the plunge.

Based on what I figure we would be at about a 55%/45% split.

We have our LLC set up and close on our first rental property tomorrow.Looking to establish a relationship with a smaller bank to be able to do portfolio lending (or creative commercial financing) in 2-5 years based on building a portfolio of high cash-flowing rental properties.Who do you use for your LLC checking account, and how has your experience been?

Propertyware has it built in where you click on a unit for vacancy and it auto rolls out to various publish sites based on the predefined into you've populated.  

There are many other fun things not shown: Complete rewiring of all electrical, including new meter base and panel.Lots of attic and crawlspace work.Insulating walls, attic, basementAnd so many other random tasks that eat up hours and days, even though it seems like nothing at all is getting done. 

Based on what you wrote, either wholesale it to someone who can purchase it or take in a money partner for the deal.