Banks are much more risk adverse to investment lines of credit.

If you are risk adverse real estate, (especially out of state) is not for you.

If you are risk adverse real estate, (especially out of state) is not for you.

Thus, the "quick flips" will be eliminated.Re-sales occurring between 91 and 180 days will be eligible provided that the lender obtains an additional appraisal from an independent appraiser based on a re-sale percentage threshold established by FHA; this threshold would be relatively high so as to not adversely affect legitimate rehabilitation efforts but still deter unscrupulous sellers, lenders, and appraisers from attempting to flip properties and defraud homebuyers.

Post after your first encounter of adversity, let me know how it went.

If you can't get a quit claim from the owner, you could take possession of the lot and do an adverse possession claim in 15 years. 

If you are risk adverse real estate, (especially out of state) is not for you.

Sometimes adversity brings wisdom and wisdom is better than rubies.

Adverse Posession.I think it may be worth it.

If I would get licensed primarily to get access to the mls, and in general gain that knowledge, does that adversely affect my tax status.I have no intention on quitting my day job, so if I get licensed, buy a rental property would that income be passive or taxed at earned income rates?