Investors profit with Principals on the deal...that's how it works, but if your "Teachers Union" investors are simply owning stock market shares in the company on the stock exchange they are "Playing the Market" up and downs and are not sharing in the profits of the company.

As far as negotiating it, I simply gave the seller a range of what we are likely to pay for it over the phone.

Renters get scammed quite easily by providing their sensitive information or even doing things like wiring deposits, or even simply doing things that may not be a matter of exercising good judgement — but that can happen when thinking about something like a new home.

does not mean this will also happen to you.So this is what you do.YOU need to do a cost/deal calculation for every method for lead generation you are considering for your market.Now you know how much money you need IF you were to do DMM, or IF you were to do bandit signs.Now this is DATA, so you are not gambling much here.Then factor in the effort it takes and the time it takes for a deal.Bandit signs may be almost free but it is illegal and a LOT of effort and work, and again risk for hefty fines.DMM simply is a bad idea... so figure out what is feasible and then you go for that!

@Erik Lee, as mentioned, no money down simply means you need to create another form of value.Investors are one way, but since you mentioned "start flipping houses" I assume you have no experience, so finding investors could be very challenging.Realistically, I would say, look for work in the construction field. 

While there are legitimate reasons for ESAs, they're often manipulated by tenants who simply want a pet and don't want to have to pay a pet fee or may live in a rental property that otherwise wouldn't allow them. 

In that case, you can simply have the account at a bank or brokerage where you will have direct checkbook control.3.

I simply don’t understand why someone would go out of their way to comment so negatively to so many people for no reason.

I've heard anecdotally that most investors are simply ignoring the permits because there's no enforcement, which is why I'm asking for input from others here.

That is our plan but simply trying to get some other things in place first.Thanks again for the feedback.