They may have additional duties assigned by the managing broker, like education and training in the organization, or compliance, but legally it is the managing broker who has responsibility.

This can give you 2-4 times more rental income.When you think about what legal entity you set up you may want to consider a non-profit one giving you access to additional monies.Paul

., I was actually thinking about organizing a day for DFW members to meet and hang out.

Many newbies pass up properties because they don't meet some test today, think long term as well.If you don't see anything there at a profit but it's a decent deal as is for a homeowner, get with some non-profits and flip to them, assist them in getting some low-moderate income housing, share rents for awhile or consider them as a master tenant with them doing maintenance, taxes and insurance (since they are a non-profit).Just because a property doesn't fit your business scheme doesn't mean there is no business to be had.

Also - here's a couple posts to help out: 8 Tips for Having a Local BP Meetup Why YOU Should Organize a Local BiggerPockets Real Estate Meetup And also - @Bob Pohl (Awesome Father and Son!)

Indiana (where I live) is also apparently trying to pass laws that would give nonprofits access to properties that didn't even get bidders at auction, so I might be able to go that route too.Just curious if anyone has experience with tax lien sales.

I'm working with professionals in my city to find out options under a new law that just passed in our state that gives city and town officials rights to give to nonprofits properties they acquired when no offers were made on the lax liens.

What if I did this under the auspices of a nonprofit?

That check trick is phenomenal - my dad did the same thing years ago.Thanks for taking the time for writing your story - teaching others is one of the best ways to streamline and organize your own thoughts

Not private unless someone wants to signup to guarantee a minimum spend of $1500.James Mudd assuming your the organizer, I'll PM you the details.