Excellent cash flow above expenses that would push me over my goal for annual income from "passive" investments so it is a big deal I want to do and willing to invest in heavily, but also want to have the best strategy and know who to go look for about financing it.Assuming a std 25% down requirement, I can afford it, but would be maxing out our investment capital (thus no new projects for a while or not with cash anyway, I do an occasional rehab flip here and there).

Excellent cash flow above expenses that would push me over my goal for annual income from "passive" investments so it is a big deal I want to do and willing to invest in heavily. but also want to have the best strategy and know who to go look for about financing it.Assuming a std 25% down requirement, I can afford it, but would be maxing out our investment capital (thus no new projects for a while or not with cash anyway, I do an occasional rehab flip here and there).

Hillsborough County wants Occupational Licenses on all rentals, and they do have occasional enforcement, but their only way of catching you, from what I have found, is through finding a FOR RENT sign on a property that doesn't have an occupational license.

(at end of lease term) -Occasionally we have tried to start showing the property with the tenants cooperation, and working around their schedule.

Brittney, I invest in these kinds of properties occasionally but I wouldn't advise a beginner to work on this kind of deal out of the box.

On the capital side, it's talking with investors, the press, giving presentations, etc.Finally, about a third is responding to emails and phone calls, which really boils down to the above two-thirds, I'm just not sure how it's really divided among those categories because I don't track it that closely, and it's different every day.I typically leave the office by 6:00 PM, then go home and check in with BP and some emails on the trusty iPad, and even some occasional work projects.

If I screw up (and we all do, occasionally), I just get rid of the mistake and move on.

Yes, you do occasionally hear about folks that started in RE with very little money and were successful.

@Gene Hacker I like that area, we go up there occasionally to mountain bike, etc.

Other than the occasional REO, we get most of our deals directly from homeowners.