It's OK to contact various lenders and check rates. points etc. but remember to do so in a short period of time because inquiries from as few as 4 lenders on your credit will read "risky" to all lenders.

Just remember it is not “get rich quick” and it is work but it is absolutely worth it.

Something to remember is that expenses could be 500% of gross rents for certain months.

I still remember my first bulk note package deal... it was supposed to be about $120K payday for me, and the day of the closing the investor group fell off the face of the planet... that sucked!

But one thing you have to remember is that life was not made to be easy, but difficult.

Inflation: Remember we are talking about rental property---rent is subject to inflation (inflation is nothing more then the tendency for expenses [the price of goods & services] to rise over time).

In particular, I remember a speaker that was trying to pawn pre-construction deals in Florida.

Remember what we've all said -- banks are not in the business of owning real estate.

Troy,Looks like no one has much experience or are just not interested.I know four experts that I can connect you with.Send me an email (preferred) or just PM me.Remind me of this thread so I remember the topic.

Remember if it is a pain then most people won’t do it and that is to your advantage. 8)