They are subject to liability if someone sues, and their license is subject to discipline or loss of license if you violate rules/laws and get caught.

So he may consider this most of the basic functions of PM without actually being a PM (and thus not subject to regulation). 

Now I’m not familiar with the subject area that your question about, but you can get cash flow from day one by paying cash.

This AI solution is much more profitable than traditional marketing channels like PPC and SEO, and it feels like having a virtual assistant that never stops working, ensuring we don’t miss any potential leads.The system is capable of having natural, engaging conversations with real estate agents, helping us secure deals such as seller financing, subject-to agreements, and cash offers.

If you want even less than that you'd need to use private money, partnerships, creative financing (owner financing, subject to, etc) for the most part

So while the partnership may show a loss, the loss would be passed through to your personal return and then be subject to passive activity loss rules.The partnership only creates more of a headache as there will be additional tax filings and fees for creation and ongoing support.Activities inside a partnership are not necessarily taxed any differently than if they were reported on your personal return.

Be sure to let them know the advantages of working with you.Personal Property SignsGenerally considered one of the most straightforward strategies exercised by those trying to find cash buyers, personal property signs are exactly what they sound like: signs placed on a subject property with the intent to market it.

Purchase price: $273,000 Cash invested: $60,000 Sale price: $375,000 Purchased the property with a "subject to" agreement, did a cosmetic renovation, cleared outstanding condo dues, and resold the property.

You have no access to the property so you are buying sight unseen and subject to any and all liens.

It brings some great topics to the subject.