An local architect is a good person to ask to see how likely it is that the variance will go through.Also, when applying for a variance you have to publicly announce it (in the paper or with a sign on the property) so any neighbors who may object have the opportunity to do so.

Hello,I've been doing a lot of reading and listening on BP and most investors seem to say that getting your Real Estate License is a good idea if you're looking to start investing.I've decided that it certainly can't hurt and would most likely be very beneficial.Let me say that I work full time and have one rental property that is mostly self sufficient.

Monthly outgo: $840 PITI + $110 Property Management + $50 water billMonthly income: $1000Mortgage remaining: $99,900Tax assessed value: $115,000I am feeling terrible about having to rent it out due to the break-even cash flow + the uncertainty of big expenditures.

I'm just now starting out my self .

If you go into RE it will not apply, you'll be self employed and you'll need two years tax returns for qualifying income, and most likely your worst income is early on so it could take years to qualify for loans to buy properties.

You would sell to someone with temporarily tainted credit or possibly self employed, getting top dollar on your sales price, 10-20% down, charge 7-8% interest, and rid yourself of the PM, maintenance, and all other expenses of holding rental property.

My personal estimate is every unit requires about 20 hours per year, if you're self managing.

Basically about my self I am an entrepreneur looking for something that can pay me well.

Contract Law 101No contract exists without consideration from both parties.Legal Elements of a ContractThe essential elements necessary to form a binding contract are usually described as: • An Offer• An Acceptance in strict compliance with the terms of the offer• Legal Purpose/Objective• Mutuality of Obligation – also known as the “meeting of the minds”• Consideration• Competent PartiesConsideration is an essential element of any valid contract.

(Which you can get referrals for through REIA, or if you want to self-manage, landlord contacts you can bounce ideas off of.)When you come across a property on the MLS that you like, perhaps speak with an agent about seeing it.