Or to see if he was in danger of foreclosure.

My name is Kernard new to the Realestate investing but want to get help in setting up a no money to little money down deal to get started have low credit and work 3rd shift 13 hrs. thinking of bird dogging for  investors who doesn't want to step foot in the dangerous Cincinnati urban area.

I know that it is counted as regular income, but is there any danger of being labelled as a dealer?

http://www.businessinsider.com/josh-altman-learned...The Altman brothers bought properties they couldn't afford but were making big money on, rolling the proceeds into bigger and bigger properties...until the market t...

This is an extremely dangerous way to build a business.  

Many 'great deals' are in really dangerous areas.

Its been a fast and furious last 2 years and we have seen explosive growths in rental prices coming out of it.

It is also dangerous not to factor management in because hopefully at some point you will not want to manage anymore, and when that time comes you will be stuck because there isnt cash flow to pay for that. 

Even though they do sound very convoluted and somewhat dangerous, these are both currently owned by a local real estate investor and lawyer who is very reputable.

This has been a major sticking point and obstacle for me as I don't want to overlook something so dangerous and risk being exposed to (or exposing others to) asbestos.