You would then have a house you leased for say a year and then they move out and you are still potentially stuck with an over priced home and now no tenants.

Off hand, I'd think it's probably putting you or the finders in an illegal position acting without a license, but can't say as I don't know what the relationship is.

I actually did not say a person can purchase an REO at the same discount as an NPN.

For example, say a property is listed at 125k, gets reduced to 120k, then 115k. 1 year later owner receives an offer of 100k, says 'what the hell' and sells it.

You wouldn't use as s Corp unless you're earning salary type income from say a consulting business.I'm not a lawyer, theses are just my preferences.

@Donte S.When you say "a different number" do you mean a Google voice number?

They say a bird in the hand is worth two in the bush.

@Morris Lucas,Let's say a seller let you put their property under contract for 30 days, and then you sell your contract to someone.

save your money the local realtor boards provide the MLS to it's members (brokers/agents) and usually they offer public access to their system, although not as sexy as say a Zillow or Truilia the data is very accurate and updated within minutes not days also when you sign up there is no spam and you have direct access to the listing agent.

Not saying get a license, but I'd say a license in Texas would make life easier, you could have done that $5,000 ago.5.