I know several people that can do the work but cant produce the business paperwork and contracts, so i find myself doing piece work with Feldco, Galaxy, Luna... which truly becomes expensive.

@Johann Jells If you are happy with the returns your properties are producing, that's the most important measure of all!

The only thing that I ever received was in Excel document containing expenses and deposits.Fast forward to November 2013, after we had served in the condo association a lawsuit for breach of fiduciary duties and subpoenaed the bank statements from Chase (because the association still failed to produce them after being served), we find out that the president of the association had been using the Association funds for personal use (including multiple $300+ cash withdraws, bar and restaurant charges, as well as clothing store purchases and a trip to the spa.

And also, can and will you produce?

When my wife and I went to buy our first investment property back in October, we basically had to show that we could afford the mortgage on both properties despite the profit the rental property produces.

But I think some of those areas can still produce appreciation gains too, if you don't mind managing it from the coast (this is all speculation so far).

Just do your due diligence and make sure that the agency offering the class is solid because not all courses are made equally.In terms of going for a smaller brokerage that's exactly what I did and believe that works well for the part time broker with way lower split and desk fees than big box companies.Also, her having a license will more than pay for itself even if it does not produce much in the first year by allowing you to list/buy your investment properties without paying a commission.

We get quite a few in our turn-key rented properties producing a net 10% or more.

Bought a duplex and rehabbed it and it's now producing great monthly income but we're ready to move on to another project and want our cash out.

They don't have the ability to pay if you did a deal today, they don't even qualify to rent it.RE is full of sad stories, you can't run a charity and help everyone, after all, it was their doing in getting into that situation.There is no justification to get involved in any way unless they can produce some evidence of the ability to pay.