The Howey Test defines an investment contract (a type of security) as a transaction where a person invests money in a common enterprise and is led to expect profits solely from the efforts of others.  

Find a good insurance person that specializes in what you're looking to do and have them look at deals before you buy them, it's a crap shoot right now. 40% isn't too crazy for the exp ratio without mortgage or replacement reserves, I definitely wouldn't go below that.

We recently listed a property on Zillow and the applicant is strong but it’s the mother of the person that will actually be living there.

Have you done you own personal assessment as well?  

Me personally, I'm a realtor.

I see that they charge a fee and you have to upload a lot of info about the property as well as personal financial info.

Personally I like areas like Memphis and Little Rock better but I wouldn't shy away from Birmingham.

But if you believe rates will go down, it’s a good time to find deals and refinance later at a lower rate.As for me personally, I’m also reevaluating the market to figure out the best investment strategy.

Posting the same question in multiple forums.After reading through, I learnt the lessons and applied it as regards questions I would normally ask about my interest in wholesaling as a strategy to starting in the Real Estate Industry, I realize a whole lot of persons had same questions and I learnt from the Responses on the various discussions.It also changed my perspective in the way I approached the vets in the house, right now I just want to connect, I mean we are seeking financial freedom and for most of us that is time to do what we want and if I don't have regards for your time by being valuable to you, then I don't regard you enough.

So, if the deal is contingent upon the removal of a person, I put that in the PSA.