I'm looking at small multifamiles and won't have an issue with capital thankfully.I am in Arkansas and looking to stay local-ish initially.

One of the greatest, most important lessons has been, staying in my lane!

For renewals, it’s wise to switch to TREC forms to stay compliant.Regarding disclosure, yes, you should clearly identify yourself as a licensed real estate agent.

It seems you and your husband have the ability to make a property more desirable and I would try to stay local for the same reasons you listed. 

Being clear about what you want to do from the start not only helps you stay on track, but it also makes it easier to spot problems or delays before they happen.I totally agree that talking to people is important.

Lower Tenant TurnoverTenants are more likely to stay in rental properties where the financial barrier to entry is lower.

Not to mention the economic development steps the town is taking in ensuring the growth of town (roads, schools, zoning) stays on par with the future expected population growth and new jobs that are going to be a result of the new factories opening.  

The entitlements would cost 50k to do. we'd make 2 million on the land if we do the deal. stick to the same market and same asset class. we do urban adjacent urban infill for midrise in hotels and extended stays and apartments in Columbus Ohio. what market are you in?

I think it would be better just to stay on good terms and let him know you will contact him when you are ready to sell.

The draw back to these loans is that they are more paperwork heavy than the other "portfolio" types of loans....but if you have ever received a loan on your primary home, it's likely that you will go through the same type of paperwork here with conventional lending.