Agents who don't follow the legal (and ethical) process that we are ALL supposed to follow is a red flag for you NOT to use that agency..

Other instances they stopped paying and the fees and interest collected goes up quickly including legal etc.I hold the note on a property that the unpaid principle balance is $65k but it has $85k in late payments, fees etc.

Disclaimer: I’m not attorney and this is not legal advise but it’s my experience of actions I’ve taken with success.Docs Your going to need are SCC docs with articles of organization as well as a operating agreement as well as a federal identification number “EIN”.

Is that possible or even legal?

I am not a legal advisor and you should seek advice from your attorney...just in case.OREC Oklahoma Real Estate Commission is looking into the possibilities of making Wholesaling a licensable activity.

Feels like there's a soft agreement between this couple and the owner.I spoke with all other tenants privately and they seem to be very happy with the current non-property-manager.I like the idea of resident lawn care, but am concerned about legality of a resident property manager (I'm new to this and not ready for employees on a small triplex).

I think hard money lending would be awesome, I am not at that point yet, but I have worked with several of hard money lenders and I know that if you do hard money lending that you will need a system and guidelines to guide your lending decisions along with enforceable legal documents in case things don’t go as planned you can foreclose and take back the property to recoup your investment.Turn key rentals managed by an honest turn key company could be a good avenue for you but you will need to vet the company and manage the manager.Buying performing notes is also more of a passive investment that could get you maybe an 8-9% return.

The second application came from another very nice couple who are in the U.S. as legal residents from Europe (they have Visas until 2020).

@Robert Shelton I'd also encourage you to maybe try to figure out some zoning/permitting restrictions to that before you do it.

Most of them will sell you these lists as long as it’s legal in your state.