I have my license hung at a REMAX and am technically active as a licensed assistant to a family friend.

Currently I work as a Human Resource Specialist for Staffing Alternatives Inc (SAI) at the Defense Intelligence Agency (DIA) in Washington, DC.  

Technically off market however a broker brought it to us because of our track record with HUD debt assumption acquisitions.  

I am looking to contact them to let them know about the home and also giving them an offer.I have never done this before, so how would I buy a property from someone who doesn't technically own it yet?

Technically that is true, but a good agent sets alerts for short sales and REOs that come back on the market (when they are most ripe) after a failed deal.3.

The closing attorney is technically or typically supposed to represent the buyer, so the waters can begin to turn a bit gray if worst case things go south and the same attorney represented both the lender and the borrower/buyer.

See BP Podcast 229 for more information.If I were in your shoes, and depending upon how good the friendship was, I would ask her for a portion of the profits she's made thus far, since you gave her a "friend's rate" on the rental and she's technically violating the lease, it's only fair.However, since you think she's not going to be honest about what profit she's made, I would assume you really aren't very good friends, just very old acquaintances.Regardless, I would terminate her lease at your earliest opportunity and begin short term renting it yourself.

I think the issues that you are going to run into is that technically you incurred these costs before you started your rental activities and before you placed the property into service.

Honestly, because permits are technically required for just about everything besides paint and carpet in many places, it is pretty unusual to find a property where everything was permitted.  

Both are technically correct, but because the adjective form can be used to describe any property that is tenant-ready, it can be used in discussions of REI wherein the investor finds the prop themselves and hires a PM, like you're suggesting, which is more of DIY method (ok, not completely DIY, but more so than in the definition below).