Check the association's covenants for a nuisance clause. 

Just remember to keep your license active you'll need to hang it with a broker and all the associated dues/fees generally cost $2k to $3k annually.I'd be happy to chat /brainstorm /have that virutal cup of coffee about real estate related w2 jobs. 

With housing in short supply, there are apparently plenty of people willing to wire thousands of dollars to someone they have never met, without any evidence that the person they are wiring the money to has access to or any association with the property.These types of scams are very common in the area, and I am wondering what "best practices" people use to avoid having their properties used by a third party to scam a prospective tenant.I am planning to add a watermark to my listing photos with an email address.

To be associated with Biggerpockets would be fantastic, who wouldn't want to do it for free?

Do those evenings or weekends.You can do all these events at their offices or sometimes at educational events at the association of realtors.

The key is to educate yourself on these issues, understand how to spot them, understand why some of these issues might (or might not) need to be remediated, and understand how they can be remediated--and the costs associated with remediation.The only issue that is a total deal-breaker for me, personally, is major structural issues (e.g.; major settling, serious foundation problems)...but even then, there are investors who specialize in buying and fixing those types of properties --again, the key is educating yourself so you know what you're getting into. ...it sounds as if maybe you're looking for a hard-and-fast rule like "DON'T buy a property with X", or "DO buy a property with Y"  --the reality is, REI is rarely, if ever, that cut-and-dry--it has many shades of grey, and it requires flexibility and creative thinking.Good luck!

Seller got to evade capital gains tax, they got full fair market value of the property at the time without repair, and whatever headache associated with the property becomes mine.

Next, you must decide if any expenses associated with renting out the property are deductible or not.

@Martin Guerrero although you can (and often should) bring a GC with you (esp. if you plan to do a rehab), if you want to become a successful RE investor, you should make it a goal to become proficient at evaluating properties (meaning: evaluating problems with the property, likely costs to remediate problems, potential value add opportunities & associated costs, etc.).Ultimately, you want to become almost as good (or maybe even better) at evaluating properties as a GC and inspector.   ...Once you get to that level, you become an invaluable piece of your due diligence process, and your due diligence process involves three experienced pros (you, your GC, AND your inspector--which is much better than just a GC and inspector).  ...at that point, your due diligence process is multi-faceted and very robust (which is critical to success in RE investing)....you can make your due diligence process even more robust by adding an agent who is highly experienced in property rehabs, RE investing, and who understands how to evaluate properties.Good luck out there!

Can an IL Broker work for themselves or do they need to be associated/sponsored by a Managing Broker?