If the builder never transferred title, they might try to argue that its comparable to selling a model home within a new construction developement (new home, but has had thousands of folks walking in and out for months...sometimes years).I would be confused as to why someone would offer it as new construction when it had been lived in unless their aim is to avoid capital gains, but you say lived in a few months and not two years so that does not track.

Hi Michael,I've found that people will find you with their money if you establish a proven track record.  

If you have a track record and a decent amount of equity in the property most services will let you exclude TI from your payment.

I think they will also fill out the purchase and sale agrements and track the progress of the transaction.

It's always better to go off a referral with a proven track record rather than a random number from a Google search.One caveat to consider is that without owning prior real estate or a primary residence, securing long-term financing might be more challenging.

@Conrad LegéYou're on the right track focusing on sold for your comp.... but I hear ya...

He was thinking I needed to meet the rep status but no way was I because I had a w2 that year.So, track your hours for material participation and work your w2 without fear.

Make sure the equipment being used has a camera at the end of a snake-like cable which can be tracked by someone at ground level.

These are some of the ways the clients could be affected by property managers who are not prepared: Extended VacanciesInadequate marketing strategies and tenant screening processes can result in prolonged vacancy periods, translating into substantial lost rental income.High tenant turnover due to poor resident relations further exacerbates vacancy losses.Inadequate Maintenance and RepairsNeglecting preventive maintenance and delaying necessary repairs can lead to accelerated property deterioration and higher long-term repair costs.This can also negatively impact tenant satisfaction, contributing to higher turnover rates.Legal and Compliance IssuesLack of knowledge or disregard for landlord-tenant laws and regulations can expose investors to costly legal disputes and penalties.Failure to properly handle security deposits, evictions, or fair housing practices can result in significant financial liabilities.Ineffective Financial ManagementInaccurate budgeting, expense tracking, and financial reporting can lead to uninformed decision-making and missed opportunities for cost savings.Failure to optimize tax strategies and leverage available deductions can further reduce net returns.Diminished Property ValueInadequate maintenance, high vacancy rates, and poor tenant screening can negatively impact a property’s perceived value and appreciation potential.This can significantly affect the long-term return on investment when it comes time to sell the asset.While a 10% management fee may seem reasonable for a well-performing property manager, the cumulative impact of mismanagement can quickly escalate the effective cost to investors, potentially outweighing any perceived savings on the management fee itself.

Just requiring proof of identity will stop many of these scammers in their tracks.