Take time to learn the ropes before you jump into it....if your county has public records online where you can access certain types of records, and if you can check those against your property appraiser website, then it makes things a lot easier.

I'll also look for any trust deeds in the public records [also online in my market] to determine whether the owner owes (or likely still owes) money to a lender.

Any property sold publicly (on the MLS) will almost certainly sell for near market value (in fact, by definition, it will be fair market value at whatever price it sells for), and in a private deal, getting 30-50% off market value is a quite a great deal -- in theory, you can turn around and resell it as-is for 30-50% more than you paid!

I'm not familiar with Connecticut law, but I Googled it and found the following links/information (sounds to me like the Marshals have to serve the notice):http://www.jud.ct.gov/Publications/hm014.pdfhttp://www.ehow.com/info_7737484_eviction-process-connecticut.html

However, the loan named in that doc has nothing to do with the borrowers per public records, so it appears to be a mistake.

.$4,140 Late fees/Application fees$204,240 Effective Gross Rent-$2,424 Administrative-$1,850 Marketing-$9,000 Manager Salary-$16,900 Maintenance Salary-$1,166 Workman's Comp-$2,331 Payroll taxes-$18,914 Repair and Make ready-$1,200 Service contracts-$11,400 Management Fee-$540 Pest control-$780 Electric (common areas and office)-$3,060 Trash-$19,020 Water and sewer-$10,316 Insurance-$23,211 Property Taxes-$122,112 Total operating expenses$75,803 NOII do not have a 9-5 job.

Now the big but, laws for licensing were passed to protect the public and many times investors cross the line into licensed activity and as far as I'm concerned if you get nailed good.I was an investor for ten years before I got a license so my first love is investing and being a broker was intended to aid my investing.

I am an Anatomy Professor and a Health Care Administrator.

It's spelled out with the BOR and in state law.The reason for disclosure or the spirit of the law is to provide the public of your expertise in the area of real estate that another person may not have, you are seen as the expert and disclosure is giving notice of you having greater knowledge than an average person you may be dealing with.

If you are not an employee of the company that owns the RE or the owner and you are managing the leasing of properties to the public for owners, you're acting as an agent.