The party issue here is I think a bigger risk because of the shorter leases and the summer beach environment.

So many rules/regulations based on town/structure etc...

At these groups you can meet other investors and vendors that can help you along on your journey.Good luck and don't be afraid to reach out to the local BP community for insights into the local investment environment.

There are many RMLOs out there that are misinformed thinking they can provide free lanced services, they cannot as that is determined at the mortgage banking and brokerage level, they are to operate under a qualified lender and those lenders willing to take on third party transactions will be very rare.Most likely, in reality, having a RMLO seal with their registration number on your financing documents will shift liability away from you as long as you're making a good faith effort to comply, at least as to regulations, you could still have liability to a borrower as a civil matter if your origination was not properly accomplished.

The exception to this is if the owner hires an employee (this is what I believe you are looking for Mike) to  show the property, give tenants the rules and regulations of the property and only these types of activties the employee can act without a RE license. 

If people can successfully have strangers come into your furnished house and sleepover = Airbnb, you can have strangers come into your empty house for a few minutes, imo) Collecting rent, requesting maintenance (except if it's an emergency), filling applications will done online only.Virtual office (depending on the regulations, a physical office maybe required.)  

Have you studied your state landlord tennat regulations.

In many areas of the country, those preforeclosure contacts also subject you to the label of "foreclosure consultant", which my subject you to licensure and regulation and being ignorant of that, will not provide a defense or protection if it doesn't work out for you and the homeowner.

Originally posted by @Lexi Teifke:Could happen but I don't see it happening in the business friendly environment of Texas. 

I am taking the other side on using a HELOC in an up-trending interest rate environment.