I don't trust they provide the proposals I make, and I have the feeling that they are not serving their customer's best interest on the process...

If my memory serves me correctly the burden of proof is still on the home owner.

Consequently, the downturn in pending home sales in March and April served as a warning that May’s existing home sales numbers would be down considerably.

I think he is right with the thought that your son would be well served to learn about numbers before getting started in REI.

You will be better served by having a well experienced HUD approved FHA 203k Consultant on all 203k's. 

Does it serve a purpose, and have its place in our marketing stack - absolutely. 

The holding period is irrelevant.Let this serve as a public caution to those who are not qualified to give tax advice on a public forum - we all want to make sure that those asking the questions receive relevant and correct information. 

You are best served by deciding on an area you want to invest first - sometimes nearby like Westchester or Northern NJ, or an old hometown, or where you went to college so you have some advanced knowledge of the place - and then from there, you work on finding an investor-friendly agent, which is not easy, but easier on here.

Its kinda like the Bible saying you cannot serve two masters.Then again, there's the reality.  

Seriously . . . in that one building 2 of the other tenants (4 year tenant and 8 year tenant) have served notice and in the building that surround it there is a churn like we've never seen before . . . because there is also a steady stream of all of the trappings of a distressed lifestyle + recent drug usage.