Worked full time as a real estate broker for 2 years.THEN, I began purchasing property; investing in mortgage notes; investing in real estate securities; buying discounted existing mortgage notes; and syndicating real property and notes; and establishing a real estate note fund.My experience in the real estate investing business for 43 years is that 98 out of 100 wanna be investors are not successful, often because they are studying techniques or strategies without making the effort to gain the fundamental knowledge to properly analyze “deals”.  

Once you establish yourself as a landlord then new property income can be used as income as soon as you purchase it.  

Give them printed instructions of how to apply,   Screen against your established criteria.Always, always collect ALL move-in money  BEFORE signing the lease and handing over keys.  

If you take on extra risk, then ask for a larger security deposit.The first thing you need to do is establish your rental criteria.

That combined with the various towns establishing revitalization projects, rehab tax incentives, availability of land for home builders, and companies now establishing brick and motor facilities all lead me to believe this area will gain some additional attention as the years continue.

Talk to an accountant or QBO pro advisor with knowledge in setting up real estate industry to help you with the setup and establishing the process. 

I hope to establish friendships with like minded people.

Establish a contingency in your property purchase agreement that you obtain all of the necessary land development approvals before you close on the purchase. 

Is you have an unrelated business (established for at least 2-3yrs) you can get a business LoC pretty easily.My banker offered 50k as a working capital LoC.

My friend and I have been establishing our list of contractors and private money lenders, reading every bigger pockets book, listening to podcasts, talking to other investors in our area and now finally after several months of preparation we are ready to sit down with some professionals to put our plan into place.