It is capital intensive and time consuming, and that's before you even get your first deal going.

As most people in the mortgage lending industry well know, the Consumer Protection Act under Dodd Frank has made it more difficult for consumers to obtain credit by trying to “protect” them.

And don't forget that the gas company will have a service fee that shows up on the bill even if no gas is consumed.

Very time consuming and you need to make sure you are on top of details on both ends to make sure things to smoothly.

@Nancy RothThe good thing about he IRA industry is that there are ample companies to choose from so the consumer has plenty of companies to go with especially if they are not happy with a particular company.

Albert - Here's the response from our rep at SmartMove:TransUnion SmartMove was designed as a consumer initiated website to help landlords avoid having to pay membership fees and go through stringent compliance to obtain a potential renter’s credit and criminal information.

He also mentioned you help the middle class then they go buy tv's,cars etc. and it drives the economy.My problem with this statement is that he said we lost 9 million jobs in the recession and hired back 4.5 million.The problem is the QUALITY of jobs that people lost and the jobs they had to take as a replacement are nowhere near each other in income levels.I would venture a majority of the new jobs are low income where you tread water paying the bills .In this case consumers will not have much discretionary income to spend on extras to drive the economy.

When I first started buying houses, it was a lot more time consuming than it is now.

I figure my time is better spent learning something new, or learning more about something I'm already familiar with.Some of the real estate shows I listen to are:- Real Estate Today- The Real Estate Guys Radio Show- The Real Estate Investor Show (aka Lifestyles Unlimited)- The Norris Group Real Estate Radio ShowI also listen to the following shows, though they're primary focus is not so much on real estate:- The Clark Howard Show (a great all-around show with advice on investing, travelling, consumer news and scam alerts, etc)- The Dave Ramsey Show (primarily focuses on getting out of debt - I don't agree with some of what he says, but a lot of it does make sense)- My Power Podcast (features various motivational speakers such as Zig Ziglar, Napolean Hill, Dale Carnegie, etc)I'm sure there are lots of others out there, but these are all at the top of my list.

He has spent the last several years working with borrowers on loan mods as well as suing lenders for predatory lending practices.Although this is clearly a hard money loan with a business purpose on an investment property, and not a “consumer loan,” we are hesitant to lend to this individual.