Message boards like BP can sometimes bring out contradictory behaviors.

You might think about being a "bird dog" for someone and find deals for them.

The casinos will be the winners and you may end up with a gambling addiction you can't afford.High risk behavior is common for certain age groups.

While it may be a waste of time to bring the pest guy in only to be told that the infestation won't go away until the animals are treated/gone, it will give you the documentation you need to issue a cure or quit.Given that frontline and other topical flea control meds for dogs are less than $40 for several months, it shouldn't be hard to abate if the tenants are willing.

I am seeing this behavior even among attorneys.

As soon as one of your tenants dogs bites a neighbor,a nd the neighbor sues because they feel the fence wasn't properly maintained.

Currently MTM.2 dogs currently in 2 of the units :(Operating Income & ExpenseIncomeRENT INCOMERent 24,690.00Prepaid Rent -675.00Total RENT INCOMEOTHER INCOMEDeposit Forfeit 470.90Lease Penalty 285.80Total OTHER INCOMETotal Operating IncomeExpenseDIRECT EXPENSESHouse Cleaning 140.00Roofing / Gutters 225.00Painting 1,600.00General Repairs 282.97Landscaping 1,585.00Management Fee 1,850.00Electricity 9.94Water & Sewer 1,973.91Trash Disposal 1,195.20Total DIRECT EXPENSESTotal Operating ExpenseNOI - Net Operating Income 15,909.68Total Income 24,771.70Total Expense 8,862.02Net IncomeOther ItemsOwner Contribution 1,585.81Payment to Owner -18,170.49Net Other ItemsCash FlowBeginning Cash 975.00Beginning Cash + Cash Flow 300.00Actual Ending Cash 300.00provided by property manager.Thanks in advance!

I wanted 80+ units in order to afford full 3rd party management, but as a beginner with no track record, and everyone and their dog buying here in DFW, it was very difficult to find something that wasn't getting overbid (at least in my opinion?).

But then you have disclosures to the sellers about mark up and profits.Gurus though and even here on the Hallowed grounds of BP they talk about how to get started in RE and they talk about bird dogging and wholesaling and its really not legal to do..Otherwise why would there even be a RE license or a RE brokerage business at all if we could all just go about willy nilly selling properties we don't own.I for one would love to see this practice brought down and regulated.

When I closed there were 3 dogs...