Are there any limits on the number of HUD investor bids that can be placed on any day, week, etc.

You best bet is to work with a title company for insurance and/or licensed closing agent or attorney for your escrow.

If you wanted to see how the process works cradle to grave the best bet would be to offer a free internship or shadow them.

I have 17 with number 18 just put under contract.My first 8 or so were either fringe areas or houses in poor condition.Those 8 are about 3 times the trouble the last 9 are whenI was able to switch over to better product (areas, house layouts, and my rehab levels).From the sounds of it, you were much smarter than I when you started and limited yourself to the nicer areas and better houses.I'm doing 17 now and its running extremely smooth.

If its handyman or project management, rehabbing may be your best bet.

I bet within driving distance of you there are less desirable neighborhoods (to homeowners not necessarily an investor) where there is a better opportunity of getting discounts.

My goal is to keep rehab costs under 8K ball park - if it needs more then that I dont want to bother.With limited rehab knowledge - what is the best way to go about inspecting these properties.

That means you must at least file Form 1065 US Partnership Tax Return.All incomes and expenses will be reported on this form and that income will pass through to the both of your personal tax returns based upon your ownership percentage.The limit is different for one person versus married.Your biggest mistake is using a program to answer your questions.I represent taxpayers(individual and business) before the IRS.

Or commit to a program that forgives them.One option I do not recommend unless you have access to a lot of cash or someone you know is filing bankruptcy but has credit limits free.

I bet a good place to start for your local relationships would be your local rei group.