@Pavlos Kasselouris a non licensed person cannot receive a fee...any sort of compensation in Florida.

My advice is focus on getting your first property: buy the worst house on the best block you can afford and fix it up to the quality of the surrounding houses to force appreciation and build equity quickly while your housemates pay most of your mortgage.

My only backup plan if I can't get verified funds is to assume the worst and to drop my counter offer even lower than my original due to the risk I would be taking on, and then when I do my in person inspection try and guess what rents are fair market for the empty units, and ask as many tenants as I can what they pay in rents monthly.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.

You can always call up the title company beforehand to get an idea if they charge any sort of settlement, recording, doc prep, etc fees.As for the Seller side, the buyer chooses the title company 95% of the time, unless seller just recommends one.

And if your LT tenant needs to assist with things now and then, be sure to show appreciation and compensation of some sort (I've offered free wifi, though my tenant prefers their own internet/cable).3) I haven't had any issues, but maybe avoiding carpet and low rates with single night rentals that ends up attracting homeless guests.

They even pitched that I run marketplace adds for my property and refer homeroom (and if a lead goes to another property in the end, I do not get any sort of compensation).

We'll install it, but like Mathew said, no warranty or anything of the sort on that part.

Worst case, you might have to pay off the second loan to streamline the process.Your plan of using private money to take out the hard money loan and structuring seller financing for the rest could work, but just make sure you’re crystal clear on the terms with the seller, especially if he’s staying in the house.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!