Personally, I felt more secure and safe using a Realtor when I got started.

If I am to believe that pigs can fly, an inspector, if requested, will do the best of their duty as required by law, to come in, and inspect and certify that the home is safe for the new occupants.

I would run to my nearest real estate attorney and preferably one that knows Dodd Frank and the Safe Act really well.

I am still considering all options but I am starting to lean towards just investing this "safely" and look at other options for a source of income now.Thanks again!

Cleanup is the key to making the property safe.

Anyone heard of this type of thing and is it safe?

However, that's only if you don't have a secret weapon - and in my case, that secret weapon is BiggerPockets.As soon as I heard the news, instead of panicking and wondering how I'd be filling 45 minutes, I did the following:* wished our speaker well - we all know that life sometimes happens and hopefully we can bring him on later * reached out to a BP member I had just spoken to the night beforeViola!

I'm an investment adviser and the main draw for me to real estate is frankly the % of income you can return, safely, without worry that this withdrawal unsafely draws down my principal (Show me a mutual fund you can take 10% off of year in and year out no matter what the market does and that you won't deplete).So if you're hiring a property manager who handles all the fixes, fields all the calls when stuff breaks, screens tenants, fills vacancies, evicts people who don't pay then how much of this really matter...doesn't it come down to the numbers?

I personally would try to find a different way to finance a property  Be VERY careful...however, if you have the "exit" strategy in place for the cards, this is an easy...and very safe strategy to use

From beginning to end, you should ask yourself if this would be a place that you would consider safe and comfortable for yourself and your loved ones.