Plus books are cheap compared to a lot of these seminars and clinics...

While they're signing paperwork, make sure that they sign your "Authorization To Release Information Form".

What he's wanting to do is at best misguided, he is misunderstanding the laws, or hopes no one will question his authority to do that.You need to know that in most states, hoa boards are almost totally unregulated, so if you don't stop him, he actually could get away with this scheme.

Purchasing multi-family units are excellent investment choices (in my opinion , the best right now), particularly new constuction as they come with builder warranties (little or no maintenance costs for 1-2 years), they will have greater future appreciation (compared with older units), and they will be easier to sell when the market turns to an upswing.As others have mentioned, due your homework (due diligence) and most importantly, run the numbers to make sure the deal makes sense.

The seller can call the bank and give you authorization to negotiate your offer once it is submitted without giving you authorization to look at all their financial info that they have to submit in a short sale package.

Well, I guess not that complex compared to buying and renting out houses, but still not easy.

Assert your rights and don't let a stranger in without clear authority!

See who other agents in your area and using and compare them would probably be the best way to go.

Okay since I got into the REI game and realized how much money there is out there I am constantly on the computer comparing deals.

Technical Guidance: This program is authorized under Section 203, National Housing Act (12 U.S.C. 1709 (b), (i)).