But in a short reply from the New Jersey, they indicated that my definition of birddogging was stepping on the activities of a real-estate broker which requires a license.My definition of birddogging was both/either1) Merely finding information and presenting a possible deal to an investor with a finder's fee contingent on the closing of the deal2) Or finding a property and representing the seller in a short sale and then finding an investor to buy and taking a fee upon close of the sale-- not sure if that is what other birddogs are doing, but from what I read, these two options seem to be the majority of the activities --I am currently requesting a copy of the State of New Jersey's real estate commission's guidelines and regulations on paper so i can read through it a bit more.

This allows HUD to manage more effectively the greater risk supposed to be inherent in these loans, thus lowering the insurance premiums for the vast majority of borrowers.

No major issues to report and the performance has been amazing.

Is there any MAJOR service that most lenders use to list REOs?

Given that the majority of tenancy is 1 year, I really do not have to focus on getting market rent.

I have also screened thousands of applicants and find the overwhelming majority of low and lower-middle income tenants have TERRIBLE credit.

If there are major problems, you could be in for a money pit.

In fact, I've probably said dozens of times that THE VAST MAJORITY OF NEWBIES FAIL IN A SHORT PERIOD OF TIME!

Have to have some major issues all the time to hit those numbers...Let me know how this goes/went.

This is a major hit, because not only is your income subject to being taxed as normal income, but you may also be subject to an additional 15.3% self-employment tax.