We are asking the current tenants to leave as the property is not in optimal condition we like to have our rentals and we would like to fix it up to increase value and rents.

Wise lenders have borrowers sign legal agreements and have them provide collateral that is worth more than the amount of the loan in case the borrower doesn't make the promised payments on the loan.

The seller would have to be paying us to take the property if we wanted to make that amount.We make use of the tools here on BP to help frame out a deal as well as using our knowledge of the local market to gauge what a property will be worth renovated. 

It may be a small chance of getting caught, but still a chance which makes it not worth it, in my opinion. 

And since you are licensed, you can potentially do some sales on the side to increase income and save up for investing.

If he's a good guy, he'll tell you if it's worth considering or not!

I found my laundromat on BizBuySell, and I sold it through that site as well.I still absolutely think it’s worth networking with business brokers and doing direct outreach to business owners, but you don’t need to take listing sites off the table.If you’re sending out a lot of outreach messages on listing sites and you’re not hearing anything back, it may have more to do with you than the platform.

For LLCs, it’s true that many investors start without one, but with significant assets and your husband’s profession, asset protection is definitely worth considering.

I'm sure there are some good ideas/people in these but the effort of finding them is simply not worth it.  

It could be worth reaching out to some local brokers to ask them, as they may be able to better guide you.