You will have to have a broker sponsor you, you will have MLS dues, you will have other misc fees that this industry loves to charge us :-)Decide whether it's worth the hassle to do it yourself for just find a good agent who understands investors and will work with you.

This could work because an LLC presumably has an easier time obtaining financing.Regardless, get with a CPA and make sure you understand the basis rules, sale rules, and what your current basis is.

Thanks Anson - I guess what I am struggling to understand is why the yellow letter - why not a typed letter on white sheet or a postcard.

I totally understand!

, you should get pre-qualified first with a Hard Money Lender, understand how the process work first , find a mentor in your area and learn the process before you go get on a property.

This type of transaction has very specific rules to make sure to speak to a professional who clearly understands that, and moreover understand exactly what you're trying to accomplish as this may or may not be a good fit

I understand that I could paint them.

Her rents would continue to go up, and instead of having an asset, she had become someone else's asset.I genuinely felt mortified that nobody had helped her understand the value of home ownership.

I'm just reaching out so I can hopefully get a better understanding of timelines since they took over.

Put yourself in the owner's shoes and you'd understand why.