Yes, that is true that I will still have the mortgage, however since I don't "own" (technically) any property, can the lender put the owness on me to prove a certain rent on a property that I don't directly own?

The opposite is true when you can improve a place and maximize the rent.It all works together.

That's not what he said.....Shouldn't we accept his gut reations and speaking in a comfortable setting as his true feelings?

I guess the majority of the public believes the status quo is OK.I don't believe it's OK but, beyond casting a vote or making a protest card, I don't know how to change things effectively.

If you do not seek opportunity then someone else willNo complaining,, if you do not step up to the plateThink about it ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~If you purchase the property and do a respectful job Then your other neighbors would become free advertisement for future properties :)Only a suggestion ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~If you make some good money off of the property maybe offer an incentive to your other neighbor for lead(a bottle of wine or cheesecake or gift card etc )

I argued that couldn't be true because within 45 minutes away there are two different counties who operate totally different (more like the scenario you're referring to).

Is it true that under the Uniform Partnership Act, anyone in the partnership can request out of the deal pretty much when they want?

When you visit these open houses, introduce yourself and hand the agent a business card (yes you must get cards) .

If one does, it will be the exception, not the rule....Not totally true, as one marketing tactic for listing agents is to canvass FSBO signs to try to get the listing!

Best, - PChuck -I am a rookie still working on my first deal, so I dont know what my true numbers are going to be.