I have a desire to get started but not large amounts of capital at my disposal I have a few questions;1) is there a market for people to be a bird dog for property investors in my market area (near Boston)2) I've heard a real estate license is recommended but I'm not sure if it's required for this type of business structure. 3) does anyone have recommendations for business plan software to get started?

We use software, and a call center that auto routs all repairs to our vendors and they just handle it.

My wife and I specialize in impact investing.We are currently helping to develop a crowdfunded business model that we believe can be replicated to about 2 dozen US cities that contain appropriate pools of distressed properties. 

Developing a Team early on will help you get things done and not necessafilly overwhelm you.  

Erie has a lot going on such as a hospital being built along with other development plans that will drive prices upwards.  

I’ve worn a number of hats—commercial mortgage originations, syndication, securitization, etc and was once a CFO for an affordable housing developer using low income housing tax credits.I’ve seen the tail end of the early ‘90’s downturn and was knee deep in the most recent one.

Do you have a good lease, accounting software, intention to inspect the unit twice a year or more, online payment system (you'll want this since you travel alot), screening criteria, and ability to implement all of your policies and deal with tenant issues along with showings associated with vacancy?

Hey Account Closed,When I'm deciding whether to even offer on a property, I look at MLS, Zillow, Craigslist and Rentometer.CL has a map function that allows you to drill down into the specific area you're looking at.I've developed relationships with few property managers in the area, and I call them as well.  

I was looking at a development investment in a mining town in Western Australia (WA) (structured and managed by a 3rd pty) but held off last year as job security was somewhat uncertain and had a little one (now arrived) on the way.  

Any direct or indirect transaction between his IRA and such a disqualified party would result in a self-dealing prohibited transaction for his IRA with severe tax consequences.Your father's IRA could be used to form a new real estate development business using a Rollover as Business Startup program.