In real estate we never have enough hours in the day and how we use those hours can be a fine line between success and failure.When I was young I really enjoyed tv and in those days we had all of 3 networks ABC, NBC and CBS and in Chicago we had WGN.

If anyone reports you to the building inspector, you will have to tear it down and face a fine.

I spoke with the owner and she gave me a finance company that she used so it worked out great!

Thanks for the mention Anthony,It sure is a fine line with US immigration and one must be very careful how they go about business.Only allowed to sign a contract to buy and sign a contract to sell on some visa lolCan't even go to Home Depot to buy materials as that is classified as taking away jobs from US citizens :)Thanks and have a great weekend.

@Jose CintronThe rent to own business with Sellers or with tenant buyers take some talent and some knowledgeWholesaling is pretty straightforward as far as finding a motivated seller and finding a cash buyer and putting them togetherIf you're assigning lease options I highly recommend you get an RMLO to prequalify your tenant buyers as per the Dodd Frank and the safe actThis way most of your tenant Buyers will get mortgagesThere's also a component of credit improvement to help increase FICO scores if DTI is OKI know Massachusetts really well I grew up in Arlington@Mike Hurney@Shaun ReillyMike and Shaun are been around the block quite a few timesBeing licensed allows you to show houses and market house you do not own to tenant buyers in MassachusettsOnce  you get caught acting as a real estate agent, you get a fine and you get a record against the department of real estate in MassachusettsThen  it's difficult for you to get a licenseIf you want to buy on subject to or wrap mortgage without a license I think you're in the clear because you're acting as a principal and you're getting on titleIf you just get your license and act as a principal you're fine, and also disclose to the seller that you are licensed but acting as a principalIf you want to be hardheaded and do lease options without license, please don't complain when you can not do business in  Massachusetts or Rhode Island or Connecticut or New Hampshire or Vermont, New Englanders talk to each other

What happens if you don't follow up to do a final inspection?

There is a fine line between analysis paralysis and doing something stupid.

A final thought.

But even if you only do more inspections on your own it's good to have the opportunity to go thru the house with a fine tooth comb.  5.

In financial areas, like violations of Dodd-Frank, penalties can be a fine of up to $100,000 and/or 10 years in a federal prison per violation.