That could be market knowledge, ability to rehab a property - something that can give you an edge over other experienced RE professionals in the market and asset class you are working in. 

I just had a vacancy come up in the middle of a fourplex escrow and the seller had the unit re-rented in under a week for $50/more per month. 6) Yes it's hot, but with individual metering the landlord doesn't foot the electric bill 7) Yes the market is competitive here, but mostly for 3/4 unit properties.

I'd definitely consult an RE attorney who is versed with dealing with these. 

Its somewhat like a RE license vis a vi a RE broker licenseyou need to start as an MLO  ( mortgage loan officers)  Before you can became a Mortgage Banker  as stated above you need to show experience. 

Whats up BP community.What professional photographers are people using to market their rehabbed properties? Columbus OH would be a bonus.Thanks

Hi BP Community,I’m looking into my first out-of-state multi-family partnership with someone that already has experience in the local market and connections to the operational teams required to make out of state inves...

I'm still on the fence about it & would love feedback from people with more RE experience than myself.

You re rolling the dice in craps hoping you can fall on the right one.

Nathan keep in mind not everyone is a landlord most litigation in RE is between partners and investors suing GPs etc etc. 

I'd probably forget to re-stock the "forgot" basket and then get a complaint on it.