That said, there a numerous ways to make money at this without violating laws or misinforming sellers.Finding a mentor is a great idea.With that said, it is very common practice for people, especially gurus, to tell newbies that the best and easiest way to get started in real estate investing s through wholesaling and I could not disagree more.

The buyer is at risk to the extent of his down payment, capital expenditures and can be sued by the seller.There are numerous safeguards that can be put in place to lessen risk, often to a tolerable level,  for both parties.  

after reading numerous and informative reviews, I entertained the interview call.

Just be sure to follow all the corporate formalities (ie. corporate minutes, separate bank accounts, etc) of running a LLC or the asset protection is worthless.Hello,Regarding multiple properties in one LLC, I was told by numerous sources that having more than one property in an LLC is quite dangerous.

A so called "super millionaire" investor will be called out by numerous lawsuits and foreclosures.

This has numerous advantages.

I've worked in numerous facets of real estate since the age of 18 and I was interested in wholesaling, pursued for a couple years (on and off), then recently decided to look for a fix and flip (with a mentor willing to assist with the loan).

I have a bunch of metrics I use to evaluate (and landed on the same cap rate cutoff, etc as you did), and have scoured the internet and found numerous potential options, but I'd love to hear more about how you found bulk sellers, etc and challenges you faced as you tried to expand into your 3rd property and beyond.

That being said like others mentioned with well over a million active duty members alone numerically speaking there are all kinds of bad apples.Bottom line is military tenants are a better bet than civilians overall.

Sherry,Thanks for posting the link, I have seen that house numerous times and I love the it.