I of course am looking for that distress property that has a 20% occupancy with utilities that can be separated out.Please pick apart my example for its flaws.

BUT REMEMBER you have to have confidence in these people SO you can't just random pick.

Otherwise, the bank provided me with a list (tape) that I could cherry pick from or do a mini bulk purchase.All I focus on is buying non performing 1st liens from banks and hedge funds.  

Pick the right investment vehicle that fits your niche.For example:  Buy/Hold creates:  tax reduction, cash flow and property appreciation for future captial gains.III.  

The before picks are in my previous post: Newbie rental diary.  

I have a natural nervousness as i am planing to start this business.

Great way to pick up some good info and possibly a deal.You can also search NARPM.org for the RMP (Residential Management Professional) and MPM (Master Property Manager) certified.Download BP’s newest book here some good due diligence in Chapter 10.

With my construction experience, managing multiple projects is almost second nature.

Great way to pick up some good info and possibly a deal.Download BP’s newest book here some good due diligence in Chapter 10.

But, due to the nature of my work I'm very aware of the dark side of human nature and I never allow it in.