Assuming your not doing your own servicing then the majority of states you do not need to be licensed in but you need to register your company as a foreign entity.NMLS is probably the best site to research it but if you let people know what states your interested in then ask around.

Yes, we can go to meetups, of which most will not serve your needs - start your own with your focus, invite professionals to learn from etc.

@Brynn Hatch welcome to the site.

With that said, just wanted to say thanks to the BP site and members for all of the encouragement and support consistently displayed throughout the community.

I believe the LOI is a great method to capture a certain level of formality while serving as an ice breaker to start the conversation with the seller.  

Hi,#1 - As others have stated, you can not charge late fees until after 30 days, so it is better to serve 14 days notice for non-payment on the 2nd of the month.#2 - You are right, you can do the 15th to the 14th, but it definitely mess up the timeline with other places.  

They won't be amle to make their lot smaller than what is required for what they have on the site.

You will learn tons on this site and even more from the members.

I have seen on this website answers both ways regarding this (the site administrator saying leave it in Sch A, and his colleague (also a enrolled agent) advising that it can be written off in Sch E, but that there are certain restrictions mainly -- you must have passive activity gains where the deductions are covered (no passive activity loss carry over allowed.

Ashish Welcome to the site Ashish.1st things 1st you had mentioned you are looking into my stomping grounds...Cleveland, Ohio.