That aside, to go from being in a NYC environment, to a beach environment is a huge culture shock.

Disclosure is not necessary...this is usually a pretty long and difficult road to qualify to sit for the broker exam...but guessing you will need to practice for a couple years before you can become a broker (this is state specific, though)Good luck!

Systems, Automation & Scaling: Also, I have watched / heard the LO gurus talking about 'automating' and 'outsourcing' practically everything... from buying leads and using foreign and domestic VAs that generate and / or 'pre-qualify' people, to even doing their follow- ups and booking appointments for the deal maker... to 'systematizing' practically everything else, under the sun.

He's buying notes for pennies on the dollar, however, and his options will vary by the margin he buys them at.A 'class type map' of Milwaukee doesn't exactly exist, and I think they were outlawed altogether when fair housing laws were passed ;) You could, however, look up an old HUD or FHA redlining map and the damage that those housing practices accomplished is still reflected today in many areas of the city.

As for the LLC suggestion, I have been considering this but it seems to be a fairly common practice for newbies to get the first home under their own name then later start putting newer homes under an LLC once they're more established.

I would follow that up with a face to face sit down with them to go over the major points of your business practices and have them address any concerns long before you ever get to a deal. 

Since it is dictated by case law I don't think a book would be up to date or practical.

So I just want to confirm that it is normal practice to put in a lot of offers, sight-unseen.

since the interpretation of the IRS is that a refi immediately before a sale is a taking of profit, and since you can show a paper trail that demonstrates you were simply exercising your normal business practice, reinvesting the re proceeds in other properties and not taking cash/profit out at any time - you've got  a good argument if ever questioned.  

Examples might include a leak in the roof during the rainy season, no hot running water, or a gas leak.As a practical matter, the repair and deduct remedy allows a tenant to make needed repairs of serious conditions without filing a lawsuit against the landlord.