Knowing the laws for your area is a requirement if you want to call yourself a Professional.Professionalism is the way you conduct your business, not a license or certification ( and not all licensed real estate agents are Professionals).  

A property is secured by a note and deed of trust which give the lender the right to foreclose if the investor doesn't fulfill their end of the relationship.Also, an insurance certificate can be made out to the lender so they are protected with insurance in case of a total loss.

I bid at counties which have several thousand certificates at each auction.

An issuer will be presumed to have a reasonable belief that all of the purchasers of its securities in this state are purchasing for investment pursuant to Section 58-13C-202N(3)(a) if:(1) the issuer, prior to a sale of its securities to a purchaser, obtains from that purchaser a signed statement that the purchaser is acquiring the securities for its own account and does not intend to resell the securities within twelve months of the purchase date;(2) the issuer maintains a record of all statements obtained pursuant to Paragraph (1) of this subsection;(3) written disclosure is provided to each purchaser prior to sale that the securities have not been registered under the New Mexico Uniform Securities Act and cannot be resold unless the securities are so registered or can qualify for an exemption from registration; and(4) a legend is placed on the certificate or other document that evidences the security stating that the securities have not been registered under the New Mexico Uniform Securities Act and cannot be resold unless the securities are so registered or can qualify for an exemption from registration.D.

(Let's assume the house IS windstorm certified but the windstorm policy/certification just cannot be located: Would it just take an engineer to come out and inspect/give his stamp of approval saying that "Yes, it is built up to windstorm requirements?"

Hi BP Community,I have been watching a 7 module course about buying Tax Lien Certificates. 

If I may segue into a separate aspect, does anyone know what certifications are necessary for HUD as a property manager/landlord for Section 8? 

Above ground tanks that have not leaked are able to be drained, cut open, cleaned out then scrapped without any type of certifications.

pretty simple just create your brand LLC and just use promo material on the properties.the management company I rented from had a multi structured LLC in which there was a management company and the LLC that owned the property.you don't need a lawyer to do this however depending on your state you may be required to file monthly taxes with the local government and obtain a certificate of use (depends how much free time your city has to actually enforce these wasteful taxes/fees). 

@Brian SeggebruchClosing costs for the buyer include: inspection, appraisal, lawyer fees, title search, lender title insurance, origination and underwriter fees for the loan, processing fees for the loan, property survey, 6 months of property taxes, 12 months home insurance, and other misc. fees like tax service fees, recording fees, Fed Ex fees, flood certification, other local fees.Broker fee if you're using one.Plus down payment.