You need to close deals to build credibility.

We’ll all agree that everything the government touches turns to crap.

The government is taking it on themselves to proactively define and prosecute fraud.

The Government Sponsored Entities (Fannie Mae, Freddie Mac and Ginnie Mae) make up almost all housing lending.

Be confident that you know you're rights and that they better jump to or they're going to be at risk for losing their ability to provide PM services at all.Either a BB complaint or a complaint to a realtor's association or some other group that governs the PMs in that state will go a long way to costing this joker any more business.But, no matter what, you clearly need to get out of that company fast.

Another, and to me more credible analyst, John Burns Consulting, which provides housing data to hedge funds and home builders, also concluded that Orange County/LA/Inland Empire are over-valued (don't recall his view of Austin).  

Although China has had impressive growth, a lot of business-y things are done because the government says so.

I'm not a Tenancy Act expert by any means but I did have to evict tenants from all three units of a triplex I owned when it was purchased by the local regional government.  

@Gary Clisele When you do pick a particular city, I suggest going to the city government website and checking out their economic development plans.

Initially I was only interested in Property Management but later found out that the country was not regulated by any real estate governing board and that the laws here were still being written.