The big risk in these is being sued for wrongful foreclosure or any of the various violations inherent in the Dodd Frank Act, or regulations promulgated by the Consumer Financial Protection Bureau.As part of your due diligence, it is imperative to know the active participant's knowledge and experience in these matters.  

A goal needs to be based on a understanding of what it requires to accomplish that goal and it must be attainable in the real world.Most people that aspire to be world famous actors or rock stars rarely get beyond waiting tables.

A new candy store opened downtown on monday, I leased them the space, and there were 100 people in line when it opened.

I'm looking to create a passive income stream through multi family units or single family homes.Welcome to BP mate,Toledo is the place to be :)Some awesome cashflow here in solid B class areas.We feel like kids in a candy store buying 5-10 SFR per month on average.Much success

I will not comment, nor should anyone comment [unless they are a licensed attorney in that state], on the local laws of that particular state; whether that is a state's Landlord/Tenant Act, Consumer Protection Act, or State Fair Housing Act (where it is obvious that a person could come to rely on that information).

If your inspector flags the roof and you want a roof guy to look at it, but the seller doesn't want to give you time to get a roof guy out there, you should assume they are being shady actors, that they are trying to hide something, and you should 100% walk in 100% of cases.If the inspection results come back clean and/or only revealing things you already knew about from the seller disclosures, great that is how it is supposed to play out and you've got an honest/forthright seller. 10 days is PLENTY of time, unless the seller is being shady or is ignorant of the home they are selling, which is THEIR fault.The California Assn of Realtors Residential Purchase Agreement, in whole, is a fair document IMO.

Hey famous actor guy,@Ethan Giller gave you some really good advice there.

The covered entity is required to make all supporting documentation available to FinCEN, or any Federal, state, or local law enforcement agency, or any Federal regulatory authority that examines the covered entity for compliance with the Bank Secrecy Act, or any state regulatory authority administering a state law that requires the covered entity to comply with the Bank Secrecy Act or otherwise authorizes the state authority to ensure that the covered entity complies with the Bank Secrecy Act, upon request.

All the window dressing, eye candy in the world will not make you a success in investing in real estate!

Will a rent credit trigger the Frank-Dodd Act, or qualify as some sort of securities trading?