You know or can investigate his situation.

Investigate rents and prices in the area you're considering.

Investigate the laws regarding contract structure, licensing, and marketing.

Whether they will or not, is another story.In the current form, it looks as though if you're a distressed loan buyer (and working the debt you've purchased (as opposed to doing it for someone else) it doesn't appear you're under the regulation of the CFPB based on this ruling.Our counsel is actually investigating it right now to see how it could fully effect us.

@Nilo Ignacio thanks for that information, and I will Drought Properties to my list to investigate and interview.

I have investigated, and found that this is not allowed on my employer's plan. 

Those points with an * are critical and can be a no go, further investigation would be required.I need to see a company in business for at least 10 years, no newbies, no investor based brokers having to fund purchases through a possible ponzi scheme, if they can't find a buyer you can be stuck.Audit a file before you buy it!

https://www.irs.gov/uac/Examples-of-Financial-Institution-Fraud-Investigations-Fiscal-Year-2013Edit: You should be able to explain things like Section 179 expenses and depreciation/amortization.

I found Bitcoin in 2012 when it was trading for $12-$13 a coin, I investigated it and believed it was a fad that would fall out real soon.

I've investigated this decades ago so I don't need to talk to a magician turned real estate huckster.