What I'd like to do is amass several rental properties while maintaining my full time job (this will of course necessitate a property manager, which I am budgeting for).I have found an area where I can purchase a turnkey rental in short sale for around $85,000, and expect rents of 1100-1200.

An added layer of complexity is that the guy did not have a will which may also necessitate getting a lawyer involved.

The liability and repair/mortgage/vacancy expense plus waiting to payoff the mortgage necessitates rethinking.

Should your business model necessitate obtaining conforming mortgages for properties you want to acquire, an LLC is of no help.

The last building I bought only needed one of the units to be flipped, this building needs everything flipped and would necessitate a contractor.Thank you for your thoughts.

Hey @J Scott I know this is from ages ago but does the fee on the HUD-1 paid at closing necessitate the wholesaler receives a 1099 from the closing attorney / escrow agent?

Note that this does not necessitate that the dollars are the dollars you borrow from the plan.

I know that rank does not necessitate intelligence, but I have to respect her highly paid opinion as I move forward.

Buying a place in the poway school district that is large enough for your growing family may necessitate selling one of the existing condos.  

When I told them the tile issue necessitated moving the tenants to the second side so that the tile could be repaired.