That may not be the most cost effective and cash flow efficient mindset, but that's where I'm comfortable with starting for now.

Not sure on the 1098/99 - the mortgage statements (bills) are addressed to both our names, although they come to my address and I pay them.

Karen,If you find the address or location and would like me to take a look at it, I will be in Las Vegas for a four-day birthday celebration beginning tomorrow.

That alone is a book to address the issues and concerns.I'd suggest you find a property that fits your skill level, could just need paint, cleaning and a couple days of a handyman.

We have been speaking about getting an apartment together to save on money anyways.One of the drawbacks I can see is that he is in effect signing a 24 month lease.

I have also had wonderful success with the local newspapers and an easy to remember and use web address directly to the house they are looking for might make it easier for them to see the property immediately.

There are lots of very simple and effective way to market that you buy houses without spending a lot of money from signs in the yard, bandit signs around the neighborhood, negotiating with a local business that has a blank wall facing a major street (think gas station on a corner) to hang a banner on the side.

One issue discovered that leads to a special effects your entire portfolio.

It would be my guess that on average most people dealing in RE, I know it is for sure with agents, do very poorly.The answer is something you will have to learn on your own and it will depend entirely on your effectiveness, which is a result of your efforts, time spent, and abilities, combined with your resources.This is area specific so your best bet would be to find people in your area and figure out what is going on with them.

An estate attorney should be addressing this, it depnds on the trust and depending on the registration of the LLC, the trust may be named as a member opening the trail to the trust, so the registration requirement may dictate the plan.I have trusts and LLCs, but they are not formed because I'm as paranoid as most seem to be here.