And for the same reason some states use attorneys for closing and others authorize escrow to act as limited practice officers.

If you modify, originate or service any note secured by residential property you need a license.Saying that, the note business now is very limited without having a license, limited to acting with your own money and holding in your own portfolio.

And 36 Other Key Financial Measures".

I agree that you are really limiting your options by only working with one realtor.

Plus, in both cases I was coming to the end of my rehab/make ready and didn't have enough free time left to do them myself so it was nice just being able to call a guy I was already familiar with and let him take care of the measuring, ordering, and install.

Rehab:Our construction knowledge is limited and neither my partner nor my self have taken on a full rehab project before.

Hate to go into a deal thinking a billboard was doable when in fact the city or county may not be allowing new billboards or may have size limits that deter advertisers wanting to lease a space.

And some sellers will put in deed restrictions that limit your ability to re-sell the house for some period of time.Better to get out there and beat the bush for private sellers.

The secondary market limitation is by property, not by the number of loans, although fannie says it's the number of loans in the secondary but obtaining a blanket loan on 9 properties does not put you into a position of a small investor for underwriting purposes, 10 units, 10 roofs, 10 legal descriptions owned and financed by any means puts you in the RE investor category, need to live with it and get with a bank and begin setting up your portfolio as an investor in the RE business.

Though 3 bedrooms has more appeal in the market, if they are dysfunctional too small then there will be very little measurable affect to the value.