Hello BP investorsCan anyone refer me to an attorney in Los Angeles who will look at contracts for wholesaling. Just want to make sure everything is legal and I have necessary out clauses. Thanks

I should have the property ready in 2 weeks to view.

The other asset classes I have friends (other brokers) who have been doing that niche for decades.On a macro scale every asset class cycles generally in 10 year increments but at different points in time.My view currently is that SFR in many markets started a recovery in 2009, 2010.

I understand the importance of knowing specific areas well, as this would make my life easier, but I also think that with the technology we have nowadays (maps, street view, market analysis, etc), some research and a rigorous approach, this is something that could produce very interesting results.I'd like to know your thoughts, investors!

I haven't personally but I would screen them extra, and if they meet your requirements, I'd let them stay, but if they don't, I'd get a new tenant.

I started charging an application fee for the screening service too, but I would tell the applicants that if they took the apartment that I would apply it to their security deposit. 

I live in VA.Enter Bigger Pockets: I literally stumbled on the BP site a few months ago and though I want to get into the REI game, she is actually in it, so I told her to check out the website and that she could fill the apartment herself using info we learn from BP, and I could help her, remotely, from VA.What I have done: I have followed all of the suggestions regarding tenant screening and had two showings to qualified parties, neither of whom followed through with process.  

Provide a FREE flat screen tv set already installed on the wall in the living room.

Obviously my approach is just my view and you should decide what is best for you.  

My view is that in order to really make this work, there is a minimum fixed cost of involvement (in terms of time and education) but it scales well, so it's efficient to do this in scale.However, in doing that analysis, it's hard to project what profitable deals will look like if interest rates are materially higher than they are today.