So it has been very frustrating to not be in a position to capitalize on these opportunities!

After a frustrating trek through the rats maze that is an IKEA store I get to where these things should be.

When we had a discussion about your frustrations with the current PM, we did everything we could to assist you with getting set up with a new mngt team. 

Account ClosedBirddogging and wholesaling are a little bit different.Wholesaling is where you get a property under contract, and then sell it to someone else (SUPER BASIC version)Birddogging is where you have an agreement with an investor (contract) that you will seek out and vet deals for him, and if he buys a property you present to him, you get a fee.Wholesalers generally make more money on their deals because they are the conduit between the buyer and the seller.Birddoggers will make a fee ($500-$1000 for example) and will generally not be awarded a share of the proceeds from the deal.Birddogging (from a real estate perspective) isn't illegal, but if you do a bad job you could end up frustrating the seller and your client.Remember that as a Birddogger, you are NOT an agent of the buyer or seller.  

So I get frustrated to read other landlords say there is always an exception to the rule.  

Im sorry to hear of your frustrations with this tenant.

tons of people get that misconception and it gets me really frustrated because they try to call me the donkeyi would try connecting with a cash buyer through craigslist ( or if you have another source) to see what he thinks . 

I am so frustrated with Section 8.

Hi Karin,The above you mentioned used to be the case with FHA flips that were probably ear marked to be sold to Wells Fargo as one of their secondary market conditions was two appraisals if the sales price was 20% or higher than the acquisition cost when documenting the 24 month chain of title.I understand your frustration, they (Wells) just want to make sure that banks on the origination front do their proper due dilligence with valuation and documentation of the value to ensure that they will not have to buy back that paper from the correspondent lender (unless your dealing directly with Wells Fargo).Its hard unless you ask but if you find a banker who is originating loans and directly selling/servicing their government loans to Ginnie Mae(GNMA) then they may not require you to have the two appraisal and additional procedures because its not necessarily a GNMA requirement but rather banks on the front lines trying to reduce their risk and requiring these additional steps from you to protect their behinds.Generally you may find that on Flips they may need the appraiser to go out and certify that the property also passes FHA's health and safety standards as well so dont be surprised (double strapped water heater, CO detectors, etc).In the past I've had to show excel break downs of work done, invoices, bill of sale's, and others too but that was back when New American Funding sold the paper to WF (not any longer =).

They probably worked for government and thought they could have a budget deficit, borrow money, and pay my rent.I am sorry for the rant, but some of this behavior is amusing and frustrated at the same time.