Here are the duties that can be performed according to the FREC:Permissible Activities of an Unlicensed AssistantUnlicensed assistant is defined as support stafffor a real estate corporation or other licensed individuals.Answer the phone and forward callsFill out and submit listings and changes to any multiple listing serviceFollow-up on loan commitments after a contract has been negotiated and generally secure the status reports on the loan progressAssemble documents for closingSecure documents (public information) from courthouse, utility district, etc.Have keys made for company listings, order surveys, termite inspections, home inspections and home warranties with the.licensed employer's approvalWrite ads for approval of the licensee and the supervising broker, and place advertising (newspaper ads, update web sites, etc); prepare flyers and promotionalinformation for approval by licensee and the supervising brokerReceive, record and deposit earnest money, security deposits and advance rentsOnly type the contract forms for approval by licensee and supervising brokerMonitor licenses and personnel filesCompute commission checksPlace signs on propertyOrder items of repair as directed by licenseePrepare flyers and promotional information for approval by licensee and supervising brokerAct as a courier service to deliver documents, pick-up keysPlace routine telephone calls on late rent paymentsSchedule appointments for licensee to show a listed propertyBe at an open house for: o Security pulposeso Hand out materials (brochures)Answer questions conceming a listing from which the answer must be obtained from the licensed employer-approved printed information and is objective innature (not subjective comments)Gather information for a Comparative Market AnalysisGather information for an appraisalHand out objective, written infonnation on a listing or rental

If you don't mind my asking, when do you perform the financing? 

As a result, I always stress test my numbers for a drop in performance. 

Morris is as this person stated a scam is that on its face 40k turn key homes in major metro areas are simply not assets that will perform as Mr.

We were given the opportunity to purchase a defaulted 1st Lien Non-Performing note/mortgage on a 2 story, historic building in Ohio City, less than two miles from the Rock & Roll Hall of Fame & the Cleveland Browns Stadium. 

- Level of prescreening performed on buyer before they can view the property- Who is best fit to handle the coordination of the showing, contracts, and closing? 

Owner occupant, investment, or commercial would influence the down payment, term, variable or fixed, and interest rate.  

This will all depend on your title company performing same day closings though.

As you build your portfolio (you have to buy #1 before you buy #2) your income will increase, your net worth will increase, and there are always options to refi and take some cash out of performing investments to help secure the next deal. 

Also we need to estimate the work to finish items that weren't performed in the inspection agreement by the seller so we can ask them to remove that from the sell price.Any references to people who are timely and will be able to quickly respond would be appreciated!