(doing this from memory but I think that is one of the provisions in the standard Texas sales agreement)I thought you had to sign off on the release of the escrow funds

Hi, I just recently purchased a 8 unit commercial property tax sale via auction. 

While undergoing the compliance training I came across one of the prohibited outside activities for bank employees- "acting as a real estate sales person, broker, agent or engaged in buying and selling real estae except for primary and secondary residence".

sales agreement.

This is dangerous advise to give to novice investors.Due on sale isn't the real risk here - it's your insurance.Joshua F, both hazard insurance and title insurance are in your name.  

His rental property is for sale he's listing to sale by no owner and no agent.

Ed, there is not enough information to answer your questions.did you foreclose the right of redemptionhas the judge sign off on your tax sale certificateis the property occupied or vacantdo you have to file an eviction of the existing owner or tenantdo you have enough money to foreclosedo you intend to get a mortgage on itI have done many tax sales deals - my objectives could be ..... 1. sell it now after legal ownership is acquired2. clean it up and sell it for a profit3. keep it to rent4. offer it at public auction - let others bid against others to push the price way up5. sell it back to the owner6. put together a joint venture - raise money to renovate it 

My neighbor came to me a few days ago and mentioned that he will possibly be selling is home via short sale.

Only thing to do there would be a short sale if the owners are open to it.  

To start, this began back in 2012, but took me a while to get some traction and realize real estate was the way I wanted to go.Let me provide the brief version:First property I purchased was a short sale in Clintonville in Columbus, Ohio.