Tell your people the board of directors will demand perfection!

If there is a male [and female] in the home is there more likely to be holes in the walls, kicked in doors, etc?  

Once on the site many have their board of directors and how to contact them.

He was referred to me by a managing director at a big investment bank. 

Works out for them, and depending how long they stay, works out for me because I get even more money.Also, both female and male cats can spray.

But buying and holding real estate, liens, notes etc is NOT transacting business.In the case of Memphis our advice came from the Tennessee Secretary of State:The Tennessee Business Corporation Act (TCA 48-11-101 et. seq.) does not define “transacting business,” but does provide the following non-inclusive and non-exhaustive list of activities that do not constitute transacting business in Tennessee: Maintaining, defending or settling any proceeding, claim or dispute;Holding meetings of the board of directors or shareholders or carrying on other activities concerning internal corporate affairs;Maintaining bank accounts;Maintaining offices or agencies for the transfer, exchange and registration of the corporation’s own securities or appointing and maintaining trustees or depositories with respect to those securities;Selling through independent contractors;Soliciting or obtaining orders, whether by mail or through employees or agents or otherwise, if the orders require acceptance outside Tennessee before they become contracts;Creating or acquiring indebtedness, deeds of trusts, mortgages and security interests in real or personal property;Securing or collecting debts or enforcing mortgages, deeds of trust, and security interests in property securing the debts;Owning, without more, real or personal property (including, for a reasonable time, the management and rental of real property acquired in connection with enforcing a mortgage or deed of trust if the owner is attempting to liquidate the owner’s investment and if no office or other agency, other than an independent agency, is maintained in Tennessee);Conducting an isolated transaction that is completed within one month and that is not one in the course of repeated transactions of a like nature; or Transacting business in interstate commerce.We have set up hundreds of clients in 9 countries so we make sure our advice is good.

The value is extensive....The speakers are experts from the community, such as the Fire Marshall, Community Police Officers, Landlord-Tenant Lawyers, Re-Finance Lenders, Health Department, American Red Cross Disaster Preparedness, County Drug Task Force Detective, Restoration Companies, City Code Compliance, Representative from the Mayors Office, Council for the Homeless Director, Public Utility District, Building Maintenance experts, Appliance Repair experts, Tax experts, HUD/Fair Housing experts, Legislative updates from those actively involved, and many more.  

I've worked with investors for about 13 years now & I've transitioned into coaching & inspiring female real estate investors this year.  

Everything else is governed by state law.As a member of the Board of Directors of the Illinois Manufactured Housing Association (disclosure) and a former member of the boards of two other state associations, and a member of the Manufactured Housing Institute's (national organization) Dodd Frank Task Force, I would be remiss if I didn't point out that being a member of the state associations in which you do business is a terrific investment in most states.

Our February meeting includes a presentation by the Worcester Director of the Office of Economic Development and will be informative for Worcester investors.