Do not ever take advice just because it is given unless it is from an individual who you pay and he has malpractice insurance enough to cover your loss.

Are you using a GC or are you using individual subcontractors?

@Jason MunckWhen I receive a colleague request w/o a letter of introduction (PM of introduction) or it I receive one out of the blue from someone with whom I've had no interaction, I will typically "let it hang" until I learn more about the individual and why they were reaching out.Surprisingly I receive colleague requests from folks who have never participated on the site (0 posts to the forums or blogs), which frequently arrive with no introduction or explanation of the reason for reaching out.

Also, for whatever reason, no matter how many houses an individual buys, the owner address is always the same as the property.

We as individuals are at a disadvantage up here unless we get more organized.

I had set up the LLC for the protection that it offers since my overall goal is to own a number of investment properties, which in the long term, I think would be wiser to be owned by an entity rather than an individual.

What you will need to look for is someone willing to offer some form of seller financing or you would need to borrow from a private individual.

I hope to help create a system of individuals in the 93230 zip code that enables us to utilize our knowledge, resources, and opinions to help us all make a little more green.

I'd say Bryce has an understanding of the issues, but to go there in depth, I can only think of a half dozen on BP that have participated on this site that I know who can go there and only one of them is posting in this thread, that would be me just to be clear.I'm not so dang conservative that I don't get outside the box, folks here have no idea, but you don't have license to do just anything you can possibly dream up and/or adopt financing techniques of hedge funds or institutions at an individual level as such are infinitely more sophisticated than what has been mentioned here.Non-recourse is another issue with small investors with little capital in their company.

And, if filing as an individual, the privilege of paying SS tax on any profit on the Schedule C.