If he had been more proactive and did semi regular calls / mailings, they would probably have given him some sales/referrals.

Unless they can prove they were paying rent to him on a regular basis at that amount I would pass.

If/when you get licensed, you will be reprogrammed with this as part of your continuing education requirements on a regular basis.I am going to purposely avoid answering.

Would also give me long term income, as I can't work a "regular job" and only have my rentals as my income until Soc.

If it's a regular tenant and you are the landlord then it depends on a ton of factors.

It's a salaried job, probably doesn't pay great but you get experience on screening tenants and how to fix minor problems or how to hire folks to fix things and the prices for them.Don't forget the old fashioned get a regular job you are good at save your money and buy a rental.

It's a regular cost of business.

Although they definitely  form my experience do a very good job on due diligence on the promoter ( borrower) I personally  provided a full FBI background check full credit etc etc.. and usally when you do that that weeds out most HML borrowers.

During this time, he is just paying the regular payment on the other properties.Once House 1 is paid off, the mortgage balance on House 2 is down to $100,000.

Second, unrelated to real estate, I have an 8 month old restaurant, and a one week old sandwich shop I want to promote.