, I read newspapers etc - I live here, and I understand trends a lot betterI can (and I will) read articles on real estate in the US, and what areas in the country are going to develop and so on, but do you really think that I can take smart decisions relying these articles?

I tend to rely heavily on option 1 since I don't have much capital.

Not to be totally relied upon.  

In general, we're relying on their licensing to do debt collection on our behalf.

He had to move back home with my parents in Ohio and relies on his tenants rent check to pay his mortgage.  

Don't rely on them as your only mail peace though.

@Clayton Crouse thats a very complicated question and givin the strict regulations on these types of transactions you should rely heavily on a good CPA who know this sector of the business and the laws that go along with it. 

You can't rely on that  vague of a description when even going for a rough estimate. 

Do not rely on it as legal advice.

Good thing about me is that I can flip my own stuff myself and not have to rely on those guys.