I'm setting up many meetings with these securities attorneys for the next few weeks to try to learn more about things and select a firm to do a new fund for us.

We selected a third party for two reasons 1) cost was reasonable per transaction (from $0 to $3, depending) and 2) tenant "self service" minimized administration.

I would suggest you evaluate the money you have available to invest and select the geographic area that you can get the largest bang for your buck.

Select a mortgage banker/broker/company whether its may be the mortgage department through your current bank/credit union who can actually pull your credit and may advise you on what mortgage products/programs that are available based on you credit score or the minimum credit score required for certain mortgage programs , income and things of that nature as well as the price range in which you can qualify for which may be higher/lower than the range you are currently looking in.Many areas have a larger inventory of distressed properties, which may be foreclosures, short sales or bank owned (REO) which sounds like what you may be touring now.Allow only 1 mortgage broker/banker to pull your credit as too many inquiries can affect your credit score.

I've been involved in redevelopment, one being an old MH park that was turned into a park.Look at the bigger picture of the area, traffic routes, zoning, recreational areas and determine highest and best use options, select your preference and see the city planners.Now, it could be the city just wants it cleaned up and it's at its highest and best use.

If you like their selection and feel that they are honest with you, they are a great lead for investors like me who decide to sell their properties for whatever reason, and can hand them over tenant in all.

I already have several properties pre-selected based on financials and return.

It is possible but will depend on that seller selected escrow company.

FIND WHERE YOUR BUYERS ARE BUYING. 1.Pick a county you are interested in targeting. 2.Google "xxxxx county heat map" and select the search result from trulia.com to view the map of the county you want to target.

You can get the tiles as low as $3 a foot, and there is a decent selection at $5 a foot.