It is the right and responsibiloity of every American citizen toorganize his finances in such a way to avoid the payment of exorbitant taxes" Judge Learned Hand in a court case.How about electing new senators , reps and presidency as a manner of organizing our finances to accomplish this.

To me "giving back" means giving freely to organizations who's missions you like.

:roll: Find one person who has advocated the stockpiling of ammunition who hasn't also advocated the stockpiling of food.

The funds selling units with a minimum investment of $1000 or $2000 are either public partnerships, that has registered with the SEC and on which the organizers have spent $250,000.00 or more in legal and registration fees, or unregistered partnerships probably selling units in violation of federal and state security laws.

I had a pretty good organization working with me for 18 months in SO TX from researching the property to completing the deal with a sale.

I do not like books on motivation, being organized, and other psychological stuff.

I used to love, and I mean LOVE Jordan's Mexican food at Central and Thomas until they closed up.

Outside of real estate I volunteer as a youth mentor and have been working with a great youth mentoring organization in Newark for the last 4 years.

At one time I recall a specific form for organizing a one-person LLC, but I don't see that form any more.

The level of management needed will depend on the age of the property and what type of repairs have been completed along the way.If you buy a property with deferred maintenance getting it turned around the first 6 months will take a ton of time.A manager should be compensated for the extra work in that case.A 10% fee simply will not cover or make worthwhile all the work involved.There will be eviction,court dates,trash outs,re-conditioning,advertising,tenant apps with criminal and credit check,ongoing repairs with tenants that are staying,etc.For all of you that want to manage other people's properties you need to check with your state's real estate commission.In many states including mine you will have to hold a license with a brokerage or be a broker.Some exceptions is if you are an employee of the company etc.I think often times investors have a high expectancy of PM work.Simply it's like owning a restaurant and having an 8 hr worker.To expect that worker to be just as excited and diligent about the business when they get nothing but a small check is a pipe dream.If I pay 100 for a steak then I demand service.If I go through the drive in at Taco Bell I expect the food to be correct and nothing else.Managing 100 properties yourself without help is the exception and not the rule.This is based on my experience dealing with apartment owners.One had about 210 units over 10 buildings all within a few miles of each other.Vintage stock and unit mix was all different ages.They ran it themselves BUT had a full time leasing manager,bookkeeper,and about 3 maintenance guys.There is no way without the help they could run them selves.I have seen basically one person locally could handle up to about a 20 to 30 unit by themselves.After that it becomes really difficult.Many investors buying in this range are not purchasing a new building.These are older buildings that need constant upkeep and have problems.Typically the mechanicals,plumbing,electrical all start failing at different intervals.I have a 20 unit and have a live in PM.It lets me focus on my real estate deals and I check in with them every 2 days or so to see how things are going.I don't want to do 10 hr work when I can make hundreds per hour selling real estate for my clients.If you want to invest out of state you could do triple net leases for mail box money.The CAP is about 7 to 8% where I am at right now.If you want higher returns then usually you have to take on more problems and risk.