They are being prosecuted under federal bid rigging laws, so this applies everywhere in the U.S.For those who think "partnering" on a sheriff or trustee sale is the answer, you should know there is case law, at least in CA, that makes it pretty clear that if the partnership isn't a real, long term, partnership with division of duties and responsibilities, and is instead for a particular deal it's likely collusion.

@JacobI'd recommend finding another (more consistent) manner to increase your earnings.First of all, the $500 class only qualifies you to apply to your state (application usually another $70 or so, with background check) to take the state exam (usually another $50 or so).  

Plus, depending on the answer, does that 25% reimbursement rate apply to the bid price won at auction or if indeed it is what they originally owed, 25% of that amount?

So the word frequent or over and over again doesn't apply here.  

If you look good to the mortgage broker have them write a letter on your behalf saying that if you apply for mortgage in 12 months chances are very good that you would get a mortgage as long as you keep your job and protect your creditNo that is not a mortgage qualification letter, but it should satisfy the ownerNext, I would get references from my previous landlords that you were an ideal tenant.

I make an extra effort to make sure the renters know that rent is DUE on the first, LATE on the second and late fees apply after the third. 

If someone then wants a showing I will say, "great, we will be performing a background check and need a $35 per person 18+ years old applying to live in the home - after we have processed this successfully I will gladly show you the property in person."

After applying the deposit, tenant account is in arrears for $65.You may only pay $2 a light bulb, but it also takes you time to purchase them and install them, which is why there is a $5 charge per bulb.

Are you saying that @Ed Page can apply to have his (non-FHA) loan taken over by an FHA-approved loan if he intends to still live there (presumably for better refi terms)?

Generally it is used for individual agents who want to build a team underneath a brokerage, however the concepts can easily be applied directly to your own firm.