When I read the "Hype" of investing in REOs, I hear "these banks are not in the business of holding real estate, so they are practically giving these properties away."

They can tell you about market practices ('we commonly see...')Buying at a distance is a lot more about how you make decisions.

Jack,:welcome: to BP.How much time do you really have right now compared to in 6 months.How you planning on handling your future practice?

A house of cards to say the least.Bottom line: some regulating of the practicing appraisers might alleviate the original poster's concern about his competition monkeying with values to keep business.

The NEC (National Electrical Code) calls for 80% load calculations for safety; thus, the dishwasher (assuming the 14A is correct as read from the nameplace of the appliance) should be the only thing on the circuit, which is standard practice anyway (80% of 20A is 16A).A 20A breaker requires 12 AWG (12 guage wire). 16 AWG is lamp cord and is NEVER used in home wiring.

There could be issue because you could be considered practicing real estate without a license.

Both do not know what they are doing - a doctor "practices medicine", while the realtor tries to "practice" in the field of real estate.

This would not be practical for a printer or most assets.

This isnt at all uncommon and a practice I do as well.

Again it is always of best practice to make your own decision based on whether or not the applicant has met your screening criteria.