Just practice the "Golden Rules" and you will create a great team as well as a lifelong  friendship. 

I practice in the federal courts (bankruptcy) and am not familiar with many of the local attorneys.

(b) This section applies to Sections 659, 659a, and 921, and to all other provisions of law providing or requiring an act to be performed on a particular day or within a specified period of time, whether expressed in this or any other code or statute, ordinance, rule, or regulation."

I'm no different.I'm currently just trying to learn absolutely as much as possible while analyzing properties I find on the MLS, mostly for the experience and practice it gives me.

Most large commercial deals get closed with title companies but it is standard practice to close SFR and small commercial with attorney's.

Beyond this there are city certification requirements if you are in the City of Kalamazoo boundary and other historical building regulations if you purchase a historic home.

I would also recommend finding a manager that is comfortable working with the local housing authority and understands all of the rules and regulations.  

Once the published data catches-up it will be interesting to see if we are experiencing an uncharacteristic spike arising from the temporary relaxation of lending practices a decade ago.

How can a building make a profit when people are living practically free and there is no subsidy?

Less potential buyers / renters (it takes a special kind of investor to buy in ghettos)So.. if everything goes right, it's a great low priced note for you to practice on and potentially make $$$.