That would almost instantly get your agents licensed revoked and it would not be hard to figure out who they were. 

Given their desire to sell (on MLS for a few months), the amount of equity I think is there and their high profile status, I think a traditional offer (low enough to have instant equity) aimed at reselling would probably be seriously considered.Any suggestions would be appreciated.

That part really rubbed me the wrong way because my instant thought was, "If I don't tell my seller in the beginning, they will still find out in the end when it's time to start signing papers, then they may completely walk away.

@Minka Sha @Sergey TkachevThanks for your responses.I am interested in doing deals that create instant income through flips as well as building a rental portfolio that creates residual income.

I Definitely agree Bryan however the work hard, save, and learn incrementally by waking up early reading, and working from small tiny SFR's up to 400 unit apartment method over a career of 2-5 years in REI would not be as appetizing as the get rich instant gratification culture we have right now haha.

Regardless of what the lease says in this instant, it is pretty standard that in apartment complexes the owner pays for pest control.

Most people who want more instant gratification give up. 5) Tax benefits - The government gives very real benefits for real estate investing. 6) Control - This is actually a double sided benefit.  

So any benefit that would have happened as as result of amending AB284 was instantly canceled out by the 2 new bills being passed. 

However, if you stick with it then I guarantee in about 4 months you instantly junk this lead and move on to the next one.

You can run a credit check on them instantly.