OOPS guess competition is coming along to make my life harder. my badand yes I had two more PM's today with people asking me what areas I worked in and exactly what my strategies were. this is merely a warning to noobies to be careful what they specifically send to people.

One warning, though ... even though this strategy is 100% legitimate, take extra care to keep meticulous records, since checking the magic "real estate professional" box on your tax returns will dramatically increase your risk of getting audited, but this risk is worth it and if you keep good records and take only legitimate deductions, it should be no problemo.

They also warned me that this current year the town would be doing a reassessment and possibly increasing the tax rate. 

I was warned at BofA not to mention if I wanted to use the funds for acquisition.

I know that putting in an offer sight unseen and then trying to retrade it during escrow based on inspection is common, but I personally think it is a bad practice that can give you a bad name and some experienced listing agents may rightfully warn their clients to be wary of sight unseen offers for this very reason.

Be warned, these types of loans often come with higher points, higher interest rates, and shorter terms than you might get if you were to personally guarantee the note. - Buy one smaller property and hold onto it for two years, investing the rest of that cash elsewhere.

But, I will warn you, if you go the wholesaling route be prepared to market like a mad man and set aside an actual marketing budget.

Well we also had the unit up for sale & it had been a few days & they had enough warning that we were showing the apartments.

Or if the 2nd floor tenants are actually unreasonably noisy, send them a warning letter and then if no change, ask them to leave.That said, if you want to placate the first floor tenants you could have an "energy audit" by RISE Engineering where they look at the house especially in terms of heat loss and come up with a proposal to add insulation and other energy-saving features (and give you free LED light bulbs :).I'm not saying that insulation is the same as sound proofing at all.

Do you think that is valid, are real estate investors generally seen as the people that are parents warned us about; low balling and pulling fast ones to make our quick buck?