And the reason 80% of the mortgage brokers are gone is that part of the Act that says, in effect, "if you buy it you eat it"!  

Is anyone aware of an effective method to generate leads in the UK?

;)  Word has it that Bank of America has "acquired" those properties from TBW, but of course, this property isn't listed anywhere, and BOA no longer has any phone communication with their REO department.  

If a multi family is financed under the terms of owner occupancy, will the tax benefits still be in effect?

Biggest issue is communicating with the bank via power of attorney. 

By any chance, would you have any pointers on the most effective way on going about that.

According to Axiometrics, annual effective rent growth and occupancy rate for U.S. apartments are strengthening up.

I love the idea of offering my time to perform open houses for other agents in my market in order to practice my communication with clients, build my own leads list and just to get my name out and network.  

Do you know whether not I would be effected tax wise by using leverage?

If I go through  with the purchase and the property and PM performs well, and there is good communication, then I may feel comfortable purchasing additional properties from them sight unseen.