I can't imagine to many situations were I could be convinced to do this for someone unless perhaps it was a blood relative.

I thanked her for her time and hung up.She had my blood boiling to say the least.So do I continue to file with the county as non-regulated or is there really need to get a RE attorney in the mix?

Jeff your correct but like you said we only need a few properties to be ok.The thing is news like this can be used as a negotiating tool with potential sellers, most people will read this article and not delve as deeply into it as you did.I mean think about it warren buffet doesn't buy when the market is hot he buys when blood's in the streets or so everyone is told to believe.A board like this were we can trade information about asset classes that are strong and will remain strong can be a great wealth builder and i'm in this game to win.Also you make the point that if something meets your criteria and you didn't bend over backwards to make it fit will still be a deal.I think there are very good information on this board about how to get a properties true value and work off those numbers so i doubt anyone on this board should get burned if they ask questions and don't go against their better judgement.

Your investment of blood keeps our market secure.

A Hold Harmless and Indemnification agreement is incorporated in the sale contract and that may only be as good as the seller's ability to pay damages, can't get blood out of a rock you know, so you could be stuck with future claims as well as illegal activities that might constitute fines against the company.

Yup I would say the vast majority of owners who have large portfolios in the city they live and work in.. will create their own in house team.. in some markets were your managing D class its basically mandatory.. other wise you will bleed from a thousand cuts.Oceans of blood... 

I'd love to invest locally, but it's too rich for my blood this early in my REI career.

That said $200 + additional maintenance is too rich for my blood to be paying out each month.

Hello all, my name is Lewis Tabor. I'm 21, young I know, and I'm really interested in learning to properly invest in real estate. What experience do I have? Honestly, none. As of now I am here to observe and learn ...

I won't sugar coat it entirely, the housing stock is old and a lot of the houses need work (more often than not, a LOT of work).