C is less stable, a lot of government assistance or less stable employment, people home all day, some crime (uncomfortable to spend time) but not super scary. 

Investing in stuff you do not understand is asking for a shark in that sector to take you to the cleaners for their own gain and your losses.

Unless you are receiving government subsidy, or are considered student housing and so forth, there seems to be good cause to assume that you can refuse pets that don't meet the guidelines. 

Rachel Imhof Wow, so thorough and so great post, I could not agree more with #4, we have government contracts and when you say “we remodel government buildings” the usual reaction will say “oh that’s good money right there”, it is not, we spend efforts and spending a ton of time and money before and after a contract, chasing them and failed bids, then government tells you how much to pay workers, then there’s always that oops factor.

When we first started, we toyed with doing C-tier rentals but quickly abandoned it because the reality is so much different from what looks like amazing 'government guaranteed' cash flow on paper.

Guidance memos, regulations, and enforcement policy as issued by the executive branch of the government (whether state or federal) as well as case law further expound on the law. 

For a "conforming, conventional" loan (loans governed by Fannie Mae and Freddie Mac) they will use potential rental income for a purchase. 

Since your sister received a loan to purchase this property she would need to wait 6 months to receive a 'conforming, conventional' loan (a loan that is governed by Fannie/Freddie). 

Lots and lots of reasons why thats not true in every sector in every moment in every cycle and in every type of real estate and you can find plenty of evidence on this board and elsewhere to show it. 

I figured that getting my license and working in an agency with successful sales people will give me a wealth of knowledge as well as earn the opportunity to get income through my sales skills (spent time as a financial advisor for Prudential Financial, I also had stints in sales with AFLAC).If you can, I would love some awesome feedback on everything from: *What I need to know about working with a brokerage firm (membership dues, office politics, commission splits, location, size, etc)*How I should start investigating my market,*What kind of time and money I should be prepared to invest to get results in real estate sales,*Tips on getting into the commercial sector,And anything in between!