I have know several failed Partnership that wound up being Convicted of crimes, usually wire fraud.

Keep in mind, they have not been convicted in a court of law and these are only allegations at this point.

How would you like to be in business with other people, purchase a light bulb for the property in your partnership and then have to go through hell because your partners are angry because they could have purchased the light bulb for $1 less than what you paid.You would think that 3 brains are better than one, but the problem I usually see is one person in the group usually controls the entire group with a loud mouth, strong convictions and regardless of what he tell the group in relation to being right or wrong.

She is part of the real estate guys radio program and has a deep conviction about tapping into lazy equity to make better investments.

Just listened to the latest BP podcast and it convicted me that I’m not surrounding myself with others in the game.

If they do send you anything, make sure you send it right back or you can be convicted of fraud.

City road ends at park entrance.Considering the land price, infrastructure setup cost each lot cost was coming around $7300 which was very attractive even though most of the houses on them were old and needed good repairs.All other lots except the 59 were in considerable good condition and our due diligence showed that whole park value is going down due to these 59 lots mismanagement for 40 years.As per owner rent collections were around $7200 per month and most of the tenants were very long term (average rent $400 per home) which he receives in cash so bank rolls available to validate.As per our estimate, each house needed 7k to 8k repair to make it livable.Negatives:These homes/lots were owned by same owner for 40 years and he neglected everything which includes tenant quality, infrastructure (such as overgrown trees, bad homes still in the park which should have been removed years back, 3ft- 4ft potholes on the road since its privately owned).Most of the tenants were convicted or had some big felony, these houses were famous for drugs cartels in whole city.After buying we realized things were way worse than what we assumed in due diligence:People staying there actually were involved in gang wars, prostitution, drugs etc.

Moreover, before receiving your real estate license (In Georgia), there are some general qualifications you must meet which I’ll list below:1.You must be 18 years old or older.2.You must be a Georgia resident unless you’re applying for a non- resident license.3.You must be of good and honest character, in other words not convicted of any felony or crime and not have violated any fair housing laws.4.You must be a high school graduate or hold a certificate of equivalency.If you meet the above general requirements you are safe to move on to the next step which is the application process to your pre-licensing course.

Also no financial crimes convictions on your record. 

The "hottest" class action lawsuits against landlords are denial of housing to those with criminal convictions.