Some people like to examine the financials, but I've found that I'm not smart enough to understand the amount of cash they should be stashing in reserve accounts.

I just help them maintain their listings such as updating their rates for them or uploading new photos.I will be sending rental agreement contracts to the potential guests, but they are the contracts drawn up by the property owners, not a real estate contract that I've provided.I looked at the DORA.co.gov site and I examined the list of "Licensed Professions and Businesses" and didn't see anything that seemed to fit my service.

After a closer examination the appraisal was done after the property was built when the loan closed and was based on 100% occupancy.

Some economists estimate we are some 5 million housing units behind the demand.Home building recovery is just now gaining momentum, but is not expected to catch up to demand until something happens to dampen demand in a major way.So, you need to examine housing valuation to see what is driving it: supply vs. demand or is demand being stimulated artificially by availability of lending like it was in the run up to the crash.Hope this helps ...

I wish I could have talked to a live person through this process as it would have calmed my nerves about potentially losing my money.  

Partnering with a Realtor can be troublesome when the market changes and he has cash flow problems.If you can examine his finances and determine he can stand alone w/o income from sales then an experienced investor partner, whether agent or not, may be a good fit.

Friends called me while he was ranting saying the same thing, "you struck a nerve".

Way to go @Cody L. with nerves of still to put up hard deposit in 1 day!

However, your state may require a minimum number of years of experience before you can even sit for the broker's exam. In

To be honest, I didn't have much of an idea of how to price things out, and in terms of investor psychology, I probably wasn't willing to walk away and I also hadn't really slept since the first conversation with him; nerves, I guess.