Lewis, assuming that personal debt might be an issue, you can either buy an aged LLC with business credit or season one on your own, and transfer all personal debt. to the entity to get if off your personal credit report to boost your DTI. 

Hopefully in a couple of months I will be able to report that we have our first property! 

Also a title report would say who holds the note

LOLCA is the same.. there is a tab right on the BRE front page of the website to report unlicensed activity.   

If they are good at their job they are trying to find any potential hurdles to closing before taking a single cent of yours for appraisals, credit reports, etc. 

With a side of balloon and the added benefit of reporting your financials to them every year? 

Any report from these two would help you re-negotiate with the homeowner.

Other than your personal network and a forum like Bigger Pockets, what are the best places to read (or hear), not so much real estate HOW-TO, but real estate NEWS?

Just glancing over what they report as incoming rent I gotta ask....Would you buy it for 320k with the advertised facts n figures?

Hi Everyone,After several inspections that I did (4 to be accurate), I start to think that my inspector is not professional as I got used to from other states I bought...The report almost has no photos, most of the data is general for all report (such explanation on the issue that is being tested) and complete areas that he doesnt check (for example in case of rodent - he completely stops the inspection in the room/space/area).From old inspections I did, all reports were with plenty of data, pictures (and one unique contractor in Las Vegas even had price assessment!).