Zillow can be fun to deal with.Anyway, the fun part of the Exclusive Agency Addendum" in Texas is this:"If Owner sells or leases the Property to an Excluded Prospect, Owner will not be obligatedto pay the fees due to Broker under Paragraph 5A of the Listing, but Owner will pay Broker, at the time the sale closes or the lease begins, a fee equal to"and an excluded prospect is defined in the very next paragraph:"In order for a person to qualify to be an Excluded Prospect under this Addendum, Owner must send Broker written notice identifying the Excluded Prospect by name, address, and phone."

You therefore have to research well on the market before you consider this kind of investment that requires town location without too high prices but attractive earnings at any given time.Cities such as Dallas-Forth Worth, Charlotte, Indianapolis, and Atlanta have varied job prospects and available affordable multifamily properties.

And prospects for real estate markets do not see much room for appreciation in the nee future.To make it worse, considere the real interest rates, the one impacted for the lower/no discount on the negotiation...Now take into perspective the scenario where you could be facing increasing in number of tenants not paying... but mortgages are there, charging...Theres a good feeling in having no /reduced amount of debt.

For people who want to learn how to buy and run properties, I have personally seen Lifestyles employees go on site to evaluate a potential purchase with a prospective member buyer.

Don’t forget about property visits, talking to prospective tenants and meeting them for showings.

Yes, I am a prospective lender looking for details on how to generate a 1098

Code § 10131A real estate broker within the meaning of this part is a person who, for a compensation or in expectation of a compensation, regardless of the form or time of payment, does or negotiates to do one or more of the following acts for another or others:… (b) Leases or rents or offers to lease or rent, or places for rent, or solicits listings of places for rent, or solicits for prospective tenants, or negotiates the sale, purchase, or exchanges of leases on real property, or on a business opportunity, or collects rents from real property, or improvements thereon, or from business opportunities.

Should I secure a PML first before I try to get a property or should I go ahead and find a property and get it under contract then see if my PML prospects will lend?

If you come across her as a representative for a prospective property do not even bother working with her.

Quote from @Kaitlin Scutari: The lease only states how the tenant should give notice- which is 30 days- ""To give thirty days written notice by registered mail or hand delivered to management prior to vacating said premises and to permit prospective tenants the opportunity of reasonable inspection"This was the lease the former owner used- so I just adopted it and was going to implement the standard Massachusetts lease with the new signing (gotten here on Bigger Pockets).