We have profited numerous 6 figure incomes strictly off of having the license and that does not take into consideration the value the MLS access brings us as well as the opportunities with other agents (referral fees for one).

@Devin CollinsWhat area code is the southside and how would you categorize it?

I want to keep it strictly cash flow though I feel it would get too complicated if I gave them all the tax benefits of the property as well.

I am a building Code consultant.

And is this a strict law to adhere by?

Therefore, none of the wall plugs can have the 3-prong outlets per code bc there is no grounding in the wires. 

Therefore, none of the wall plugs can have the 3-prong outlets per code bc there is no grounding in the wires.

@Ernes Sahic while you can certainly get lists surrounding pre-forclosures, short sales, probate, Evictions, Loan Mods, Tax Sales, Divorces, Hospital Liens, Code Violations, Appointment of Substitute Trustee, mechanics liens....I mean you can even get a list of people who had their water shut off....but I don't think there's any service out there that will provide a list based on if the property is a 2-4 unit property. 

As Damian stated allot of contractors know it is guaranteed money , but some didn't like the strict labor vs material accounting, but it is nice and in a way protects you. 

Max leverage would be 80%, with rates improving at lower LTV.Banks and credit unions are still offering strong rates on stabilized multifamily in the high-3's / low 4's, 75%+, 25-30am, burnoff or non-recourse, but may have less strict requirements than Agency