I have verbally told my clients the information but I think I will use your list (with attribution) :):)My short verbal spiel would be 1) handy owner occupants don't need to cash flow or make money / profit and 2nd will you have a dumpster onsite the day of closing with day labor for the demo, know EXACTLY which electrician, plumber, flooring, cabinet guy, sheetrocker.....that you will use and when will they start, the PART NUMBERS for the cabinets, flooring, paint colors, doors, light fixtures.....

Check out client look and see if that works or not.

To quote Abraham Lincoln "He who represents himself has a fool for a client"

Also keep in mind that they are incentivized to sell the property at the highest price achievable for their client.

Through my own research of the insurance code, I have found that as a broker I need to give my client the Standard Broker Fee Agreement and Standard Broker Disclosure along with the applicable insurance pamphlets.

@Michele G.While I recommend NKY properties to my clients there is a lot of activity there and deals are harder to come by due to the smaller footprint compared to just north of the border in Cincinnati.  

Meeting a real person and evaluating your knowledge and expertise face to face goes a lot further than a black and white loan application.I also have a national broker that I work with that has several products that work well with my clients.

One of the strategies our clients use when they don't need the income right away and are in a position to buy multiple properties is to use alllll the cash flow to pay off each loan in turn, resulting in free and clear properties much more quickly and less total interest paid.

Even setting aside $$ for cap ex and vacancy my client can live in one side for way less than average rents.

However, I do not go about telling other investors to avoid such investments or make blanket statements that all advisors associated with conventional financial products are just out to make a buck and do not have their clients best interest in mind.