Often the seller isn't really dealing with reality well - saying 'mentally challenged' is probably an over statement - but they are so desperate, or in such a bad way for whatever reason,  they will grasp at any straw put in front of them.  

To list on the MLS, you will need a POA signed by the seller, which states that you can sign on behalf of the owner for listing documents and offers, as well as a signed purchase and sale agreement with an assignability and marketing clause."

Going well so far. 

There's a whole new set of issues when renting out to college students, but if you can do it correctly, I think you could be very successful renting out per room in those scenarios as well.

BRRRRs are really tough right now with interest rates high, rents flat, contractors booked up, and tremendous competition for deals.i always get nervous with HELOCs as down payment because it can mean that you're not well capitalized. 

In talking to other investors this has happened to them as well in my area.

Hey @Isadore Nelson - appraisers are 3rd party vendors that won't take it well if anyone tries to influence their decision of the valuation. 

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

Also the Arkansas river leads to the MS which leads to the Gulf so there's barge traffic as well. 

If some of you think now is an awful time to do this (re: interest rates) I'm open to being told to wait as well.