Thank you for the kind words in reference to Podcast 14 :)Keep us posted as to your progress!

The only time I'm ever able to justify doing my own title search is if the property is really cheap - so cheap that a title insurance policy is overkill ...and these kinds of properties are usually a waste of time in the first place (depending on where you're at financially).

So my real question is, what kind of property should I be looking into for my first flip??

They are usually fine with it but if you do it without permission they may choose to foreclose-If you are in a home owners' association or similar then you may not be permitted to rent out a room (unsure what legal action they could take against you)-You must inform your home insurer and change to the right kind of insurance.

John Rubino what kind of property management fees do you deem reasonable for the charlotte area?

Good Day,It is my pleasure to contact you and I will be glad to have your kind response.

Those are the kind of deals I look for.

What kind of marketing is most effective?

Also, what kind of exit strategy should I be looking at?

I know few successful business people who don't have some kind of formal business plan.