I have heard that I should look for private investors who will loan out private funds for about 8% ... is there a thread in the forum that discusses the proper way to find and approach such private investors?

Good tenants come from properly screening applicants by checking their credit, criminal and eviction history.Please, please listen to some of the real estate vets on this forum like Mike and All Cash.

I was able to buy 19 lots in Arkansas and sold them for a total of $20,000.All it takes is the proper combination of education, money and being at the right place at the right time.

WInter time is when lifters gain their weight.

Good experience is worth it's weight in gold.

If you aren't acting as a principal in the transaction...that's a can of worms better left unopened.Okay, for realistic comps, you might want to try:no fees - www.realtor.com subscription - www.realquest.comFor grins, you can check out www.zillow.com but don't put too much weight on their results.Good Luck,~DanI'm a investor.

>>>>>The proper way to insure the property, once you (or your entity) own it, is to have a non-owner occupied "landlord" policy, with you as the new first named insured.

The drawbacks are limited luggage and now weight, since the kids are older/bigger.I took some lessons, and even cross country soloed, but never got my license.

Either way, once you find a candidate property, you'll want to do a proper cash flow analysis.

The issue you have with that is only the Good Faith Estimate is governed by regulation for proper estimates of numbers.