Thanks again, Ill advise as we progressMattMatt,To elaborate a bit.You want the maximum cash in your pocket so you can move on to other deals and lower your exposure to this deal.That could mean proceeds from a loan or a down payment.The down payment is all about the buyer having skin in the game.

This is, by far, the least expensive form of advertising and you should take advantage of it.Cold calling Rules:1.Never Stop before you're done2.Practice your scripts3.Let the phone ring three times4.Track your numbers5.Stand up6.No means you're closer to the yes[b]Business cards[/b]Business cards are yet another secret weapon in obtaining ample customers and beating out the competition that’s so prevalent in this industry.

The whole thing makes me nervous but at some point you have to trust what you have learned and just GET IN THE GAME!

THAT is a sad part of the industry.

I got into the game about a 1 1/2 years ago and know this is my calling.

I think the more important question is not who owns the note, rather who is the asset management company who is repping that agent. get to know the local players in the industry and they can typically tell you who handles which accounts...Get to know the asset management companies, and know who their clients are... it will provide a framework to build on...

I'm new at this game, so have plenty to learn....TIA

This is the best way to avoid circumvention, of course you can run out of time on your contract before getting a buyer and then your deal is fair game.

I didn't think the President can dictate to private industry.

A small 5,000 sf retail center with 3 to 5 tenants takes a lot more management than a 50,000 sf bulk warehouse / industrial center with one or two tenants.But if you don't want the late night or weekend calls to resolve issues, or you are not knowledgeable, AND especially if the investment property is out-of-your local area, then I would recommend using a local property manager.