That will also solve the problem of me having to return money to a bunch of people if I get 5 applications, and accept the first applicant!

I could be a senior engineer working for someone else making a bunch of money and not have to go all over the place pandering for business, collecting on invoices, fretting about insurance and payroll....Seriously, if you are self employed, you are more constrained in so many ways than if you have a well defined responsibilty working for someone else.

I like the property and the loan to value... the question I have is fairly simple: Can I fund this loan as a non-licensed, private individual?

WE are fairly new with this and are learning lots along the way.

Lets be fair to agents.

I don't want a bunch of listings, if they are not going to work for me.

When you are ready to sell you’ll go back in and do a bunch of other stuff.

I make a very good living here and am not trying to become a real estate investor to get out of debt but am rather coming here with a fairly important amount of cash in the bank that I would like to invest in real estate.I would like to participate in your forum and start building a network because laws and possibilities in the US are very different from what I used to deal with in France and I would like to avoid the most common mistakes right from the start.If I can help with my knowledge of real estate in France or Cuisine tips, it will be my pleasure.

I agree that this is an extreme case of not understanding the rental business, but this really is no different than the MILLIONS of newbies that fail because they pay too much for a property and lose a bunch of money.

That way you will know if the present HOA management seems on top of their game.To be fair, the HOAs are no worse than the average SFR owner who ignores the roof until it leaks or otherwise does not maintain the building.