Example, someone selling mobile homes ( dealer) , tell them we are looking for another park, large asphalt work completed ( they service other commercial ) tell them we are looking for parks, a lot of the guys we use say for decking, skirting , electric, are typically doing work in other parks as well.

Dallas CPA XXXXXXX advises as follows: “If the IRSconsiders the client as dealer (doing this business for their livelihood), then their business incomeis subject to self-employment tax.

ANd generalyl speaking in order to do a private Placement Memorandum (PPM) someone on your team should be a licensed investor advisor representative (IAR, SEC licensed with a Series 63 and/or 65) with a registered broker-dealer. .Stick with people you know Curt, (and document your meetings and phone calls with them too) and let word of mouth do the rest.

I still roll my eyes and grin at your "day in the life of a C-class landlord" story about getting called by the cops due some drug overdose and you walked in on the naked guy you'd evicted from upstairs who moved in with Miss Downstairs. 

That being said the end buyer &/or the potential buyer of my property may think twice from buying if severe drug dealing, street prostitution & gunshots are constantly in motion in those areas.

I have a thread on here somewhere on used car dealers and creating a new income stream.

In the packet we would put ways to save your property etc.I only did this for about 3 months before moving on to other things.I still listed short sales but went about it differently.When we door knocked some would appreciate the help.Others we found a tenant that didn't know the property was foreclosing.Once had a Chinese guy drunk walking down the street.He denied he was being foreclosed on and said the government was out to get him.Another guys faced turned dark red and said please leave with his whole body shaking with his fists.One had about 5 pitbulls jumping at the window and I thought they were going to bust through it to get outside.Another was some black dudes with guns and looked like drugs on the table.We just said the property was foreclosing and were glad he didn't have anymore questions or offer for us to come inside.Door knocking in some areas isn't too bad.In others it is VERY dangerous.On the commercial side I just send out letters now.Those were my BRAVE and STUPID days back then!!

This would be similar to one of those "fake checks" that you may have gotten from auto dealers, where you come in and can get that amount of discount off a car.

Sorry, I don't buy that argument either...Do we free all the drug dealers using the rationale, "We can't blame the dealer...how easy is it to turn down thousands of dollars selling a product that basically sells itself!"

Currently I am a Class III firearms (machine guns, sound suppressors, short barrel rifles/shotguns, etc.) dealer in addition to a property manager and investor.Mike