I am a licensed agent so disclosure to all involved is huge importance to me.

2) I completed the salesperson prerequisites and passed the exam in NY, but I want to be licensed in CT.

I would definitely hire a licensed property inspector-off angies list hopefully.

Not saying get a license, but I'd say a license in Texas would make life easier, you could have done that $5,000 ago.5.

My friend's father, also a real estate investor specializing in multi-family properties, has numerous LLCs established (her guesstimate was about 18 LLCs) for tax purposes.

At some point, it make sense for you to consider getting your agent's license ($1,200 up front and $100/mth), to have full MLS access and ability to inspect properties, control deals, bid low on HUD properties, and earn an occasional commission.

And paying yourself (fair market) rent for a period of time (I believe) could establish this for another investor, or the bank.

After completing my first deal I enrolled at the local technical college so I can begin the process of acquiring my real estate license.

First , they should be an electrician (licensed) Second ,replacing with the same size and shape shouldnt take more than 20 minutes each .

I did some research and found out that I should do a heat map too establish which zip codes in my area have the highest amount of cash transactions.