Just need to meet the loan guidelines for credit, debt to income, etc. to assume.

Hi AllThank you in advance for your time + help.I am wondering what kind of arrangement you all have with your local person who stops by the residence in case of problems.

I’m not a professional in acquisition or financing, but I’ll share some thoughts from my personal experience.Building Codes and Zoning Ordinance: research your local zoning laws and building codes.

I was curious if anyone was local to the area and could grab pictures of the inside of the property for me so I can try to contact contractors in the area to see what renovations would look like for a property like that.

You're better off networking with REIA meetings and meetups and meeting Agents there that know how to work with investors.

Lately he has bought local restaurant businesses, primarily, but also apartment buildings, land, MHPs, and other commercial properties. 

That depends on the localities.

After the meeting, she was surrounded by investors wanting her card.

They gather your information, assess your needs and the deal, then find the best lender that meets what you need.

It’s my understanding it’s very hard to meet reps status working a w2Also I believe once you get above $150k basically you lose any benefits of reps status