Where do most of your deals tend to come from?

There are lots of both out there, but given that contracting is generally a low-barrier-to-entry business, there tends to be more bad contractors than good contrators.That said, most of my contractors have been with me for many years, and not only would I trust them renovating my properties, I'd trust them babysitting my kids.

Everything else from attorneys, when in contract with real estate agent , bank vp, title company, or insurance agent is almost all e-mail.As you can see from this comment I tend to be thorough ( or like to ramble, which ever you prefer) but I feel It is important to be clear.

The capital gains generally tends to be higher in more desirable areas, especially where land is limited.So as an investment, a low yielding piece of real estate dis not always completely irrational as an investment and personally, I am a strong believer that in todays market with so much information at our finger tips, prices and percentage returns and yields tend to be a good reflection of risk.Just my opinion base don my investment style.

Also your horizontal ones have a lot of space on both sides and people tend to try to smack them off.

The BWI is a pretty large informative group and the one a Spirits West is a small nuts and bolts group of landlords.

Two friends of mine used the rehab product NAACA offers to get their 4-unit properties, the rates were a little lower (NACCA rates tend to be lower then the prime rate, but you have to take classes). 

I tend to work exclusively with high net worth investors on the commercial buy side as a principal broker.

I've heard from a capital partner of mine that investors tend to prefer LLC structure rather than S or C corp.

You'll probably be buying an older home in a B or C neighborhood, those tend to perform the best.