In some locations, the house must pass specific codes to get a certificate of occupancy.All disclosures that the property's prior owner provided to the turnkey.A written statement from the property manager with specifics on the time and cost to evict a non-paying tenant.If you obtain all the above, buying turnkey or direct becomes a simple time vs. return decision.

Hello, everyone. I'm not getting much feed back on my discussions so I'm hoping someone will come with some kind of advice. I'm trying to learn as much as i can before I start my journey. There is a site, Alabama tax ...

Did you have an estoppel certificate saying that the rents and deposits are correct and no other verbal terms are in effect.

I'm sure this is where the sudden drive to get into real estate stemmed from (well, that and my reading of Rich Dad Poor Dad, of course)I will definitely keep the job I have now as my primary vehicle of income, but I would ideally like to switch jobs into a leasing professional or agent role (I love going out and earning certifications, I did it last summer to become a NASM CPT, so a Real Estate License would be a whole other challenge!)

Follow the law and get a certificate of occupancy. 

@Kealan Hobelmann - As a Lender, traditionally we would need a 'Certificate of Foreign Qualification" if your LLC is doing business outside the registered state.

The only thing you won't get are the "certifications" which is basically just a way of telling prospective employers or people that you're training that you are equipped with the proper knowledge to be successful at selling and help others do the same.

If the owner does not pay his/her taxes, in June of the following year a tax certificate will be sold by the Tax Collector.

I'm waiting on the seller to provide a copy of the policy and elevation certificate.  

It would be even better if whatever I go with leads to some sort of certification or designation.