I get hard money and trans deals proposed fairly often that are suspicious or don't pass the smell test even before I start to investigate title, etc.

If an inspector investigated it he would see that it is beyond being up to code and is fine.

You should be able to pick up tips, investigate deals, find buyers fairly easily....even though you will probably fail at first, you learn by doing.

You would then have to pay for forensic audits, investigations, and the like.

He consults regularly with the FBI Fraud investigation unit so needless to say he is on the front lines when it comes knowledge of the entire short sale industry.

I look at the status of their accounts on the credit report, and even then try to focus on those that I consider to be important.Looks like medical collections and a bankruptcy a very long time ago killed the credit.Both prior landlords reported that the tenant paid on time every month for two years but left the place in poor conditions (I think I'll try to call them and ask exactly how bad), but made no attempt to recover damages and simply kept the deposit.The tenant actually warned in advance that this was due to a domestic violence situation with a partner who is now gone.The tenant has had a stable job for about a year making a little over 2x the rent, and receives a very small amount on child support as well.I guess I'll investigate who the cosigner would be and exactly what damages were done on the prior home.

I'll be starting fresh here soon and was thinking I'd start there.

So for all of you out there get a good tax advisor and a good legal advisor to use when it its important,and take the advice you get here with a large grain of salt as something to investigate and consider, not as an absolute truth.

I have never investigated SSs the only thing I know of the requirements is what I have found here on BP!

Michael I wouldn't investigate a partnership with anyone's business unless I fully understood that business and how it could help and/or hurt my business.