Having the license is super beneficial because you can earn additional income from helping friends/family and also convert non wholesale deals to listings if the seller isn't motivated enough. 

Usually in a non rent controlled property they are only 25-30%.

Call me anytime, I can assist in putting this deal together for you.Sarah, could this work from a buyer's perspective with a solo k non recourse? 

Between the high monthly fees, non-warrantable status of the building and competition with the hotel what kind of return can you really expect to get? 

Maybe half deposit up front and the rest monthly...for non-pet owners.

On the other hand, do you see late/non payments and collections across all their accounts (i.e. cable, cell phone, credit cards, car notes, etc)? 

Since I dived into real estate investing this spring, I have been on a non-stop learning roller coaster.

I personally have never bought or been involved in REO properties before and from my research i found very different opinions regarding them but non from people who have actually bought them. 

I'm in Colorado looking at investing in duplexes for the most part. Every lender we've spoken with is requiring 25% down for small multifamily, including duplexes, since we are not planning to live in the property but...

I too believe it is getting harder and harder to find the people you really need to consistently get the results you need to keep losses down in small-scale fix-and-flip and buy-and-hold operations like ours.Joe, I too have noticed the almost total lack of forum postings on how the non-self-managed are able to get actual quality work done instead of the illusion of it.