How can you report an unscrupolous property manager who is managing multiple properties without any real estate license?

If he's shown you five houses and you just want to see more, then his actions are reasonable.4) I went through real estate school last year, as an investor, and I can tell you ARV was never mentioned and was not on the test.

@Eston Johnsonhaha, buying as an owner occ and then repeating the process is the best way to obtain multiple properties at good rates with little money down in my opinion.

I also have taken classes offered by our local rental association, including a class that allowed me to become certified for lead-based paint testing and removal.3.

purchase price 30k 25% down @ 5% 30 fix 3 plus one SFH built in 1954 new roof, ac, windows, ktichen cabs, counters 1000sq ft Corner Lot 9000+ sqft 700 garage/steel building shop..ran test ad for this alone seems $180 House rents at 750 to 850...I ran test ads plus reserched Market-PMs Section 8 is around $900 Needs $3000k carpet,paint, vinyl, misc use home depot cheap stuff Wells Fargo Appraised $44, 500 arv I have team for maintenance and pm if needed.

There are in some areas credits for using low flow toilets but tenants typically hate them because they have to flush multiple times and get clogs versus the old style.No legal advice.

Maybe I saved $50 by going with their special but the lost time and frustration wasn't worth it.I think they have the big box store installation deals have their place for traditional homeowners but if you are trying to do multiple investments having your own on-call team even if you take a few lumps(and you will) finding that team is worth it in the long run so you can get someone over to a property that you trust at a moments notice if you have a major issue.

Like you said it is hard to imagine a lender not noticing multiple owner occupant loans.

Unfortunately these projects often features the homes jammed up on the property lines with a complete obliteration of existing trees/landscaping features to make rooms for a monster house so it doesn't necessarily serve to 'upgrade' the neighborhood in many cases other than increased comps.In other areas I've seen a builder slowly accrue multiple lots of and develop them in a more tasteful manner with new construction that is architecturally consistent with the other new homes they've built adjacent and allowing for proper landscaping.I try to do everything I can to avoid complete teardown and rebuild, if I can utilize the existing foundation and utilities it is a huge cost savings both in construction and in paperwork and permiting.

The remaining tests are to find out if there are any deferred maintenance to take care of from the previous seller, and see how your property manager performs.