Anyone who has bought a lot of HUD homes in the past knows how valuable the info can beI cannot tag him but Mark Ferguson, as a HUD broker do you have access to the HUD appraisal anymore ?

have a "fabulous" prize-don't divulge it to the residents as somethings are not always available / accessable.  

Where in the house is the main shutoff access?

They take care of everything, and since they are a larger PM, they have access to contractors and repair people that you wouldn't.  

So issue is essentially what you were asking access that equity other than selling it and "how to" measure the refi fees & cash in hand vs effect to cash flow & refi fees.I have seen a couple posts asking about using HELOC loans which I guess have less fees but just started researching those but I guess they are lower LTV so might not offer access to as much cash.I guess it all depends on goals and what you want to accomplish...

They also should have access to qualified contractors at reasonable rates.If you dont own the property, then the answer would be no.  

@Skip Gilliam I sense a potentially dangerous combination of circumstances: you have quite a bit of accessible funds, a lot of motivation to get into RE, but not very much lexperience.

You can easily access the real estate market2.

Once those older systems no longer see daily use and sit for years many die off.You need to review the condo budget and see if there have been pluses or losses the last 5 years and if the board is constantly changing over ( instability ).If it is in a bathroom then without a fan could be surface moisture.

I know that a real estate license isn't necessary to invest, but, aside from access to the MLS database, are there any major advantages to having a license that make it worthwhile to pursue?