Reverse mortgages have their own issues to consider.I have seen clients have success wholesaling preforeclosure properties but typically they find it requires more work on their part.

Currently i use Podio for my CRM as a Realtor, maybe i can setup the tracking in this system so its all connected like i do my clients...

Best way to get the best rates is to go through a professionalPeople tend to think brokers make loans more expensive when in fact most brokers have relationships with lenders that allow them to keep the rates the same as they would be if you went to the lender directly Just my advice (Disclosure I am a loan broker)  

There are definitely deals still to be had in this market but it's getting more and more difficult.My suggestion to get started - since you're in Michigan, would be to start building a team (and even fly down to meet with people and network) to build relationships with people rather than just trying to do it all from afar and alone.I don't know anything about the Michigan market, or what you're plan is with investing, but Dallas is definitely a great place to buy, but the numbers still need to make sense.

I have a client that is interested in renting out a commercial space for 3 years for $30,600.

Hello BP,I recently relocated to Houston to further pursue my career in RE investing and im looking to connect with other RE investors looking to build long term relationships with.

I generally get clients looking for a 7% or greater cap rate, but then I get a few clients that only buy if they are achieving a 10%+ cash on cash.  

However, I only recommend this to experienced investors that are willing to take the risk of loss, have the relationships with HML's to get the loans done fast, and have the ability to raise cash for closing in case things go sideways.

Be incredibly responsive to my clients and my investors.

@Bernie HuckesteinGreat answer from @Dmitriy Fomichenko   —about half the clients who partner with their IRAs wish they didn’t.