With respect to mortgages, the topic usually ends up wondering about violations of the "due on sale" clause in mortgages.If you need a loan to purchase, then your lender will require title insurance, and that lender will probably not be happy to have those other liens in place in a superior position (with respect to foreclosure).

Those same keys probably would have opened the front door too (until it was re-keyed - we'll never really know).Marc Freislinger is in your area, and he has some comments in this next link:http://www.biggerpockets.com/forums/52/topics/45650-bump-keys-scary

You should keep copies of these records and receipts for 7 years (some will say 3 years is long enough; however, keep them 7 to cover yourself).Open a separate business bank account after you obtain an EIN number from the IRS: http://www.irs.gov/businesses/small/article/0,,id=102767,00.html This will be submitted to anyone requesting a Tax ID number for your business.You will make a copy of each receipt or scan them into your computer and keep them in records.

This topic has been discussed on this board at least 300 timesThe law is clear (IMO) - if you connect the buyer and the seller you perform the duties of an agent and thus required to be licensed as such.

http://www.wealthdaily.com/articles/jon-stewarts-big-bank-theory/2872

Since we're covering many different tracks and topic areas, I'm not that concerned about this.Now that we've got our new space, I've got to finalize a few things and will then we'll start working on the schedule and final session coverage in conjunction with our speakers.

I have read some of the topics on multi-family investing in regards to the 50% and 2% guidelines.Let me understand correctly, If I live in the property 2+ years and want to move into something bigger and go conventional, I can leave the existing FHA loan as is or would I have to change it since I wont be an OO?

I read in a real estate article somewhere, that Fridays are the best day to list a property... ;-) Not sure if this Friday would be best due to the holidays though?

As a continuation of this topic that I posted, what I've done since then is started with another investor doing "Property Locations"/Birddoging if you will.This is helping to build my confidence when speaking to Sellers, (motivated or not).

attempting to see, if you had any new informationI'm considering obtain a real estate lic ( researching the topic in general )If you locate anything , please let me know