Welcome to BP community @Elliot Larkin  It is a great place to meet new friends and learn about various aspects of real estate and more.

As with so many aspects of this Real Estate game, it is less important what YOU believe in (or what your intent is), what matters is the belief (or perception) of the other parties involved...tenant, prospect, buyer, etc.

I of course answered with Hanson 1715-1783 (he was the first President) which as first President defined what all we call those occupying the Oval office Presidents, not King Washington which was the answer I was supposed to use to gain forum acceptance.

:goofy: The media is most definately liberally biased.

Going back to "invalid", I would try to find out how that company defines the term, and from what source(s) they obtain the info.

While the discussions have always been good here on BP the new social networking aspects are a big benefit for returning.I am actively building my list of of colleagues.

however, even with not having a real estate license, if you were to do these types of transactions on a consistent basis(consistent being very loosely defined in Florida Statutes), in florida, it could be construed that you are receiving commissions in a real estate transaction without having a real estate license, and therefore penalized with damages by the involved parties and the state of Florida itself.

Some people bought homes and property here over the years counting on train service, but I do not push that aspect of things because it really is still an unknown.

I know the market has changed dramatically and I'm definately feeling it.

So, have you decided what aspect of investing you'd like to focus on?