He/she failed at their job.Upen PatelMortgage Banker, VA Loan SpecialistNational Lender, Federal NMLS# 1374243

Your lender will order the appraisal through the VA, and it will be assigned to a qualified appraiser.Upen PatelMortgage Banker, VA Loan SpecialistNational Lender, Federal NMLS# 1374243

As long as your property manager is your direct employee and managing properties you own, there shouldn't be a problem.Having said that, the fact that you don't need a license to manage properties you own does not exempt you from your state's landlord/tenant laws or federal laws like Fair Housing.

You will no longer be allowed to do a Cash-out Refi.Upen PatelMortgage Banker, VA Loan SpecialistNational Lender, Federal NMLS# 1374243

I am in Vienna and welcome someone local to connect with.Upen PatelMortgage Banker, VA Loan SpecialistNational Lender, Federal NMLS# 1374243

Are there any popular beginner threads I should take a look at?

@Russell Brazil there is so much that you just wrote that I disagree with, that we'll have to just agree to disagree because as a customer I am looking to a realtor for their best judgement based on their experience to assist me with the best possible purchase taking in all the relevant considerations tied to the ever popular location, location, location mantra and financial criteria important to the client.  

If the buyer refuses to do so then they would be in breach of purchase contract and would loose their earnest money deposit.On the other hand, if the contract calls for the appraised value to be at or above the purchase price, then your sister will either have to lower the price or let the buyer out of the contract and return the earnest money deposit.Good luck.Upen PatelMortgage Banker, VA Loan SpecialistNational Lender, Federal NMLS# 1374243

You are not where close to that, so you don't need to jump to a portfolio/commercial lender.Upen PatelMortgage Banker, VA Loan SpecialistNational Lender, Federal NMLS# 1374243

They will typically also provide an Operating Agreement and EIN (Federal tax number).