I always call the HOA to verify rental restrictions and ask whether restrictions are being considered.

These tools can help you build a recognizable online brand identity, and get more direct bookings as a result:Houfyhttps://www.houfy.com/Price: Free for basic listingsHoufy is an online network that looks like an OTA - but it doesn’t charge any fees or commissions.

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

When I spoke to an investor friend of mine, they suggested staying away from that neighborhood because it was built on top of a swamp and that the houses there have a higher likelihood to have foundation problems.I wanted to see if there is a way to verify their claim.

If they provide you one, I would still say I am getting my own.I would ask for full demographics of the area, including incomes, home prices, education levels, crime levels, etc.I would want to see full tenant application and any pertinent backup verifying income, employment history, landlord references, etc of the in-place tenant.I would want to talk to the property manager, if they are coming with the property.  

For those that are concerned with owner fraud, I have earned a verified owner seal on the listing.

But verifying it is legit is important and that is great you did. 2.

How do I verify if NMLS ID is active?

It's possible there are Fannie Mae requirements in play, but it's always a good idea to double-check with a different lender or do some independent research to verify.

Also, in our opinion, many investors make the mistake of assuming their first task is to ID an area to invest in - when they should FIRST be deciding on what Property Class to invest in -> then look for an area.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Our OPINION for the Metro Detroit market (always verify each area for yourself!)