@Darrell ShepherdI just talked to LendingHome's rep and their loan program is pretty sweet if you need their help.90% Purchase, 100% rehab (taken out in draws), 4-18% (depends on experience and credit), better to have a business rather than personal, but they work there, too, 6-12 months, interest only payments (must have 3 months reserves), some doc (bank acct, etc), no major hits on your/business credit (judgments, BK, liens, criminal, fraud, etc).

When the build price for a property is $100 per square foot and you're buying 1200 sq ft for $20k, this is a market that is criminally underpriced.And it's a once in a lifetime market. 

Many times (read as almost always) it's a state and federal securities violation (civil and criminal penalties) to publicly solicit investors for securities.

Dear BiggerPockets community,I am looking for feedback on a just listed four family property in a less than desirable location (C neighborhood) with some criminal activity. 

But if you actually read the FCRA, it covers all third party sources of information, so if you get eviction or criminal reports from a third party rather than getting those from the courthouse yourself, then the FCRA applies and a letter complying with the provisions of the FCRA is in order. 

The New Bureau of Real Estate and Its Enforcement, over 150 real estate licensees and real estate attorneys gathered on Monday to hear the new California Bureau of Real Estate (CalBRE) Commissioner speak about his current agenda.INDIVIDUALS PRACTICING REAL ESTATE WITHOUT A LICENSE MAY RECEIVE CRIMINAL CHARGESCommissioner Bell emphasized that his goal is to promote a fair, competent, and law-abiding real estate industry in California.

I do the background check (criminal, credit, eviction) and call references checking employment and talking to current and past landlords, usually all within one business day, then assuming they qualify let the other prospects know.

I ran a criminal check on a workman  recently hired & found out he is a convicted felon & was in prison until 2011 ( crime-identity theft).

Of course your going to have a bummer every now and again but that's RE.. just don't want it to be your first one if you can help it.Let's say you've been arrested for suspicion of murderAre you going to take advice from a paralegal that does divorces or go find the best criminal defense attorney you can find?

@Alexander Felice - I see both points; however isn't there some sort of moral or ethical obligation to the neighborhood in which your rental units are present to not be blind to criminal activity taking place on your property?