That is along the lines of what I have heard.

Ive been to several local banks here asking about lines of credit and none of them seem to offer that.

Bottom line: LOTS of complexity to work through, better to get good help if your serious about taking this process on yourself.Thanks, Scott Choppin

The reason for this is that it is only taking into account real solid numbers (Sqft, bed/bath, year built) and no other factors.

That puts us in line with other developments in town, hoping to run into some good deals on the materials that we're flexible with.

I've been involved in investing in northern NJ and PA for about 3-4 years now, so willing to provide any feedback I can for you.Bottom line: good investments are to be had anywhere, so long as your team and system are good.

(as opposed to just in each state)My line of thinking would be that liability from each property would be limited to that property alone. 

When you meet someone in line at a store you are steering the conversation, when you are at a function and meeting people you are networking.

I've tried looking up the potential liability of a Salesperson in the line of doing normal work.There are a number of tricky things, especially here in NYC.Just to give a clear example, let's say your client is a Buyer and you are showing him a Property built in 1960.According to the the EPA, the Buyer should be presented with a Lead Paint Disclosure when purchasing any property built prior to 1978.If a Buyer never receives this disclosure, buys the property, then later discovers there was Lead Paint, then sues.... who can he sue?

I also suggest a bug inspection and a sewer line inspection.