His full time job was as a quality assurance engineer at a manufacturing facility.  

@Scott CarrilloScott, this is the second time you've asked Anderson Advisers what your compliance exposure is, and the second time they've been wrong. 

As there was no inspection done on the property, I was assured that an inspection would be done and paid for by Roofstock.

Not just the real estate sales side paperwork but, the OFAC paperwork, the regulator of the financial institution paperwork, the compliance, legal and fraud part of the paperwork, etc..

And, for what it's worth, I'd never have my family live on a site that was almost assuredly contaminated (at least at one point).

Rest assured this is a very powerful way to do real estate and much better than being Johnny landlord chasing after rent and doing rehabs / turnovers constantly 

When he Signed the extension I assured him we will be fixing some things in the building (nothing in writing).

Not only will your property manager get you the best work for the best price, they'll oversee any necessary maintenance projects.Ensuring that you're in compliance with housing regulations and property laws: There is a multitude of applicable laws and regulations to abide by when renting and maintaining your rental property.

Holding a license also provides a competitive edge as well.Good luck in your endeavors and stay active on BP, it is worth the effort and time I assure you.

That doesn't mean you need to be available 24/7, but going for never right off the bat just isn't enough.On giving tenants different lease terms: You need to understand fair housing law and make sure you stay in compliance.