The dart board method is not a good way to start out in RE.

First you need some basic business consultation and you can get free advice from SCORE, google that and follow from there, probably have advisors near you.An LLC is sufficient to do anything any RE, the type of business structure has very little to do with the nature of business conducted, as a small business your considerations should be based on tax matters, ease of adminitration, flexibility to conduct business, ability to obtain financing and insurance and lastly liability matters.

This can be done by directing the water away from the foundation as much as possible and/or by installing drain tile.To keep the water away from the foundation, you can try installing gutters and downspouts, grading away from the structure, etc.

Evidently he has arranged for people to structure a number of partnerships, with each one responsible for one or two properties, so that when the income is reported it isn't all coming from one entity.

I would make sure your cash flow will be reliable enough in the future to support holding a rental forever.In my market, at that price, I'd be satisfied with a 1+% rent-to-price ratio, assuming that key infrastructure (roof, structure, HVAC, etc) was on the front end of its life.I'm about to send over an offer of $57,500 on a $750/mo property.

Flipping holds no interest for me, but I am not entirely sure what wholesaling is, so there is a lot I need to learn before I can know whether I would be interested in that, or some of the other methods I've read about here.

For now my comfort zone is one at a time.What I have not done is sit down and figure out how long it will take to acquire 15 houses using this method.

I noticed this is your first post, so please consider intruding yourself in the New Member Introduction section of the forums:http://www.biggerpockets.com/forums/55-new-member-introductionsI do not know the specific fees and structure of Keller Williams but have you met with several other brokerages yet?

Also, are you set up for your tax and entity structuring?

SEC strict laws on marketing for investors.1) Syndication- setup an entity structure to pool Canadian investors or professionals to invest in a multi-family property with me managing the project.2) Meetups- conduct meetings on 'Retirement Planning' (RRSP- IRA equivalent) or "How to Make $s flipping properties in the U.S."