I work for A+A Mortgage company as a loan officer.

And that's inside the office?

I suggest locating your local HUD office and finding out.

Kenneth Fach, REALTOR, e-PROKeller Williams Town and Country RealtyEach office is individually owned and operated.

I know rules are set by the state you are renting in, but what office in my state would I need to go to in order to get a listing of what I can and can't do as a landlord?

There is a huge supply of inventory that will only increase as the foreclosures heat up.

If you feel strongly about this, as it appears you do, why not have a meeting or conference call with you, your sister and the loan officer to discuss it specific to her needs/wants?

I did all the searching for the homes on-line, called him for the lockbox codes ( yes that's not completely Kosher , but he new I am totally trustworthy) and he simply meets me at his office for the paperwork and potential closing.All in all, build a close honest relationship with one or two REO realtors (or just realtors in general ) and you'll do well.Good luck!!

I heard last week that builders have about an 18 MONTH supply of unsold inventory.This is caused by two things; sales slowing-which means that if they've been selling 10/month in one development they may only be selling 5/month now, and continuing to build.

Costs: class/course fees, test, fingerprinting, license, E & O insurance, association dues, MLS fees, office/desk fees, office splits on all deals, advertising, mailingsIt's my first year, and I have to admit that I've spent WAY more than I had estimated...