Here are a few recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/ If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select that person below.

Here are a few recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/ If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select that person below.

@Whit HillWelcome to BPI'm not sure I feel comfortable answering your questions regarding the effects of the LLC on your income.  

We'd like to do a "before" walk through to see the condition, see what can be done to it and how to be cost effective.  

Then you must click on it to select it, that is how someone gets tagged and will be notified of the fact (otherwise it's just a text).

What type of ripple effect is this going to have on local lenders who aren't built to compete with the low rates of the investment giants? 

Although this seller reports all of the tenants pay their rents on time ( and I do believe him) we screen our tenants differently and I tend to be more select so I'm not sure I'd like him to be the one screening and replacing tenants.  

But be selective and buy quality over quantity.  

@Anthony He  There ya go.... trick now is to find a market that is under the radar and does not suffer from the California effect...

I recently selected a tenant who worked at a local college, after she passed the background check, in part because her source of income is not correlated with the local economy.This type of analysis should still be completed for investors in large urban areas with diverse employment opportunities for tenants.