To be candid, that was my concern about this site, is appears so legit, whereas CraiagsL appears ..well. makes me think twice, or more to the point, be even more skeptical, kinda sad actually.

I know for a fact that this is not legit, but they are not under a lease.

You'll need to do Regulation D filings to make this legit.

Seems like it shouldn't be a problem but I'm probably not thinking of something that would make this not legit :roll:

the insurance regulations for "boarding houses" are insane, and for over 2 years i have been trying to find a better way. as mack said, in nj a house that would otherwise be 600-800 a year in insurance is 4k+ and even then the deductibles for certain things (i.e. water damage) are very high (~2500). it eats up a lot of profit. i always wonder what the 'master investors' (the RE minority who own majority of the towns) do about things like this. the only thing i can imagine is that they say it is owner occupied or that it is being rented by "families". i, too, don't like to take risks with things like insurance so i continue to investigate legit ways to reduce the high insurance costs.mack what did you end up doing?

I found that somewhat disappointing, but we will see what the future brings. http://activerain.com/blogsview/1527839/equator-short-sale-platform

Leaders as early as Kautilya, Cyrus and Hammurabi have addressed the question of how society should be structured.It seems we wish to reinforce a structure whose sturdy materials have been substituted with one part cheap filler and nine parts hope.I'm humbled to have this platform to learn discipline and financial intelligence from veterans such as yourself.

I've heard lenders requiring it for agents--it's a software platform that alot of lenders and servicers are using to automate their various default and loss mitigation processes.

I don't doubt the EPA was involved....if for no other reason than they're in bed with British Petroleum who was renting the oil platform and Transocean who built and owned the platform and was operating it with BP.You've heard all about British Petroleum but you haven't heard much if anything about Transocean in the news have you?

Is it possible (or legit) to buy as a personal residence and rent out?