I'm just now reading about real estate dealer status.

Nate, Thank you so much for the info. i have another quick question.would i be better off going through a wholesale dealer and getting a property that needs minor repairs... paint water heater, carpet etc..

We got an offer from... a young lady who knew the neighborhood from her student years and had been looking for a old house and hadn't been considering new construction until her agent drug her out to this house.

Cars are expenses ... let someone else take the 20-30% depreciation off the dealers lot and I'll buy it when it's 3-years old.

She didn't like our no-smoking policy, no drugs policy and our partnership with law enforcement.

If he has a good answer then contact an appliance dealer who handles high end appliances.

Everyone knows that vacant homes lead to squatters, drug dealing, etc.

Broker-dealers will want to try to design out too much risk and the underwriting fees will be too high for deals your size.

He says he's lived there for 27 years and is about to list his house and move to a different part of town due to drugs in the area.

But then drug dealers sell junk on the street to people who have great expectations without knowing what they are buying. :)