I apologize, Jerry, if I struck a nerve with my post but I do want to respond to your questions.

I have been trying to get into the Real estate business since I've moved from NY to Las Vegas (about 6 years) but lack of proper education and nerves has prevented me from starting out all those years ago.

You want it in writing as some office types might say no, then an RE examiner shows up and gigs you, which could mean your license for awhile or forever.

Good morning all,Bank fraud and embezzlement, along with prudent bank practicies are at the top of the list for any bank examiner.

This would effectively extend the ability of the CFPB to regulate and examine individuals as well as entities, which has real significance to small operators hoping to escape regulation.Under the proposed process, the Bureau would provide a nonbank covered person a notice (Notice or Notice of Reasonable Cause) stating that the Bureau may have reasonable cause to determine that such covered person is engaging, or has engaged, in conduct that poses risks to consumers with regard to the offering or provision of consumer financial products or services.

The distinction between the two is made by examining the lowest course of block - right at the floor level.

Bill Gulley is a very smart, astute, and knowledgeable individual, but his background is that he was a bank examiner (field regulator), so it is only natural that he sees the problem as one of not enough government regulation.

If no mortgage remains there may be several options.First examin the CFD, is there a due on sale clause or any pre-payment penalty or is an assignment prohibited?

Of course a lot depends on your long term goals, but if your real angle is to make your money work optimally you need to strongly and critically examine the utility of doing things on your own.  

What I learned from looking at countless properties is to examine the neighborhood.