I bet you will be buying a house in no time once you start working with a lender that is able to offer a variety of loan products and outline the steps you need to take.

What I'm seeing is poor business practices!

If that's the case, then when a contract is signed, your attorney or title company would submit the contract info here to be recorded for public/government record keeping,  essentially making the transaction legal and binding in the eyes of Uncle Sam.I could totally be wrong, as I'm not familiar with NYC RE, but if I were a betting man I'd say this is probably pretty close.

Your best bet to acquire rentals with a low down is seller financing with old landlords who want out of fixing toilets.

Karen, I would bet that the capital improvements are going to raise the fair market value of the property by as much as, and probably more than, they are going to increase the basis.  

I listened to an audible for Rich Dad, Poor Dad just last year and played the Cashflow game on the iPad.

A 2 year investigation, I bet his son won't have dad home until he's at least 9!

Stay closer to fishtown if you want faster gentrification and better bet.

They need to sell.Here's the challenge I bet you'll face. 

Your best bet if the relo company allows it is to provide a referral to their buyers' agent.If you focus on serving your clients better than anyone else, and not worrying about helping yourself, you'll be better off long term.