Additional clarification:"Ordinarily, you are correct.

Look at your investing goals - how might others improve your success in attaining these goals.Look at your real estate process - where might others assist you in these processes.1) Financing deals2) Finding deals3) Analyzing deals4) Minimizing the risks of your investmentsetcYour goals will influence your real estate processes.

. - A clarification...the loan, including the arrearage, amounts to what the house is worth.  

Hello All,Quick question for clarification.

Just as a point of clarification, most people build a list of leads that they direct market to in order to create prospects, who I define as people who have expressed an interest in your product or service, or in this case, selling. 

I am going to attain a realtors license as part of my strategy, but other than that the first thing I want to do is pay off our (my wife and I) student loan debt.

@Hattie Dizmond That does create clarification.

Thanks @Julie McCoy for the clarification.  

@Anson Young & @Andrew MyersFor clarification local banks and CUs, local to the property correct?

Regarding arbitrage, I think the reason most arbitragers get an LLC is because it gives a sense of legitmacy to the landlords they're trying to rent from, and also because they try and attain business credit loans to get started.There could be reasons beyond that though, I don't know as I don't do arbitrage.