Although I am a new wholesaler I did take the time out to meet with people in my area and seek out some experienced professionals and built a team.

Owner FinancingI see lots of companies advertising on Craigslist with rent to own or lease option deals but they don't necessarily sound very professional or that they have houses in the areas where we would be looking.What would you recommend given our situation?

We started doing the land lording ourselves while we lived there and then passed if off to professional property management when we moved, which was well worth the 10% they charge!

We have a four-plex and two single family rental homes, all are fully leased and professionally managed and generating great passive income.

I know of several HOA's in CA who have negotiated discounted payoffs of past-due balances & liens after 1+ year of non-payment.I think part of this depends on the size of the HOA, and honestly, whoever is the "dominant" member on the Board, coupled with the influence exerted by the professional property manager (this is all often influenced by the number of units under the HOA.)

Limited use, professional offices type of thing or can you do more?

By the time a real estate professional gets to an investor the deal usually is not that great.

Read books, attend club meetings, speak with mentors, and work with professionals who have a proven track record!

I am a young professional with a lot of enthusiasm, and tons of energy!

This is not to say that you should not include rookies and newbies in your investor database, as you become the professional who structures RE deals for them.