Hi Ertha, an easy way to get access to more deals is to connect with people who have access to them.

Like there is actually a rule where they cannot discuss it?

Digitize physical receipts for easy storage.Maintain proper records - Contracts, Settlement Statements, Agreements, etc..Like Kristen said, a bookkeeper can everything in a QB file.

Run a professional operation, have your business rules in place, and follow them.You'll be much happier in the long run.

Great explanation @Kevin SobiloSome other BRRRR nuances:It is easy to underestimate your rehab budget. - make sure to get bids from multiple contractors.It is easy to overestimate your ARV. - Have an agent pull recent It is easy to underestimate the rehab timeline. - whatever a contractor says, expect double lol

If he has a buyer willing to accept the price the listing is at, it is an easy win, minimal effort for you. 

It definitely hits and exceeds the 1% rule. 

If you are in that 5-10 unit space where lots of residential lenders will touch it with their promiscuous easy money "DSCR loans," there's a little bit of it, but once you are in the 20 unit or 30 unit world, there's none of that stupidity, and cashflows are much stronger.

A lot of Delta Air Lines employees opt to live south of the city for easy access & less traffic to reach the airport.

I don't see that there should be any disclosure requirements for someone who isn't licensed since the rules for that are specific to licensees.