However, it’s not the only way to get the qualification, it allows for Self and Homeowner declarations and documentation to add up experience, its just not as easy as an existing GC stating “he’s good to go”.Pursuant to Business and Professions Code (BPC) Section 7068, applicants’ experience must be verified by a “qualified and responsible person.”

I'm in a small community in a state that doesn't exist, so my BP account doesn't bring me any real business to speak of.

Can you please advise me on how to purchase an out of state home where the owner has a reverse mortgage on it? 

Seems quite dangerous to be landlord around here. Sadly, I think the days of mom/pop landlording are over. At least in this region.

In general, most state statutes have a way of terminating a month-to-month tenancy with a certain number of days' notice.

@Noah ApplegateDepends on the state you are in and did you get any disclosures before buying the property?

Both are in a small market in Illinois, where I have family involved in real estate and construction, so it’s been a great way to jumpstart my multi-family journey.As I'm looking to expand, I’m particularly interested in out-of-state investing, since the DC area where I live is a bit too expensive for my investment goals.

My audit was settled by NYS first, before the feds, which is odd because the state usually follows whatever the feds do.

There is no "self-help" in Florida, and likely that's the case for all 50 states.

It covers your down payment and in most cases the closing costs depending on what state you live in or County.Focus on 2-4 unit multifamily homes first if possible because you can use 75% of the rents per month of each door/unit as income to qualify.