How many are effective is a different question.I have done an a lot of business without a website.

I've found that the decision is often based more on the availability of good, reliable, cost effective labor.

Banks will pay for other services but those also can be handled by licensed agents (BPO, clean out scheduling, coordinating maintenance and some evictions).Unless you want to buy a large portfolio and have a large bank balance to demonstrate Proof Of Funds (POF) assume that most deals will be through a local RE agent.

Assuming clean title and no other positions and no back taxes and no pending lawsuits tying up the property in any way (lotta research...), his $144K first might be worthy of a $160K buyout tops, with him covering legal fees.

We don't have Mexicans in my area, so paying someone like you to clean the barn or do chores while I am busy every once in a while would be a great service.

Something to the effect of "It depends on who initiated the contact" That is so true.

He's not really getting anything if I take it for the loan balance, so if the price dropped he'd effectively be paying me to take his house and equity.

It means that the dust is minimized and cleaned up when they're finished.Even if you're never going to do any work yourself (which I don't recommend) you should be knowledgeable of trade terms, procedures and practices.

I don't want it to effect my borrowing ability for my future primary, also in the 500k range.

- If similar legislation was inacted in the state in which you do business, how would this effect your business & profits?