@Karen Margrave  who you probably know from BP she ran into this in Oregon as well.. its quite confusing to those of us that came from CA like Karen and I and there you don't need a developers license.. but you need a Real estate license to make any kind of middle man fee.. same in Oregon.I finally got tired of is this legal or not and sent in  a copy of a direct E mail piece I got from a Quote un Quote wholesaler in Oregon that I knew was not licensed and did not own the property here is the response I got from the state.State of Oregon - Real Estate AgencyFrances Hlawatsch | Financial InvestigatorBest regards,Thank you again for the information, if I have further questions for you during the investigation I will certainly reach out.The Agency is well aware that unlicensed “wholesalers” are rampant in our jurisdiction.

And while your in-house team could certainly incorporate these devices into a routine inspection/maintenance program, that will come at a cost. 

I am incorporating these when I am evaluating deals.

You are really amping up your risk by being a middle man on this one .

It's been 2 years now since owner passed away so I would have assumed bank would have foreclosed on it by now but county records still show the deceased man as the owner and the tax bill is still being mailed to the house in the owners name.

If you ever need anything feel free to reach out man!  

I'm just wondering if there are other considerations that should be factored in, such as incorporating the depreciable asset of the apartment structure in MFH versus mobile home parks being primarily land, etc.

Originally she was looking for a company that would be able to meet her needs initially where she puts up the money to lend as well as brings in the borrower and uses said company as the middle man to structure the loan.

@Nathan G.Nice man!

Next the Reserve board seems to see a boogie man in Emerging Markets which is interesting as I had not thought about that but see their point after reading the minutes.