IN practice during the GFC banks did not do this.. just like they had a gov. mandated moratorium on 1099C debt relief filings... now though that is done and that is a rude awakening to many folks who think they can just walk.

That’s my advice anyway, I’m relatively young and take a huge swing at two out of state properties that ended up working out but I wish I would have crawled before I walked if that makes sense.

On all my section 8 inspection I have my contractor walk with the case worker fixing, replacing or repairing anything they might have a concern about right there as the inspection is going on.

You have both proven that you're likely to have some success - even if it is try, fail, and adjust. 5 years from now it likely won't matter which option you chose.I'd hate to walk away from the business and get nothing. 

You aren't going to get capital from getting your RE license at this age, but you will gain valuable experience just walking properties.

I drive for a dollar, actually I walk for a dollar, finding great deals in the hot spots of Mexico City (Condesa and Roma) How did you finance this deal?

Visual inspection is an inspector going into a unit and performing a walk-through inspection visually inspecting the condition of the paint.

And this has been conveyed as I said quarterly along with a few of the investors made trips and walked through the project during the build out.

That cost could force you to walk away.

There are plenty of older homes on the market that do not have closets.You need 2 egresses (including 1 that goes outside) such as a door or window, size about 70sqft (local codes may differ), ceilings at least 7ft high, and it cannot be a walk-through passage.As always, your local codes may be different.