As Jenkins Ramon was getting at, have a look through the various forums on Biggerpockets to work out which aspects of REI you have an interest in.It seems the majority of members here have an interest in wholesaling, this is the lower monetary cost, higher sweat cost side of REI, hunting down a deal and passing it for a small fee to someone who can buy it.You have people who go to the courthouse steps and bid on tax defaulted properties, and foreclosed properties.

I believe people do not understand the role of most real estate commissions.It's to protect the interest of the general public and uphold state license laws.It IS NOT to resolve commission or monetary disputes and that is done by going through the legal courts..They don't care because they do not govern monetary arrangements.If the broker and agent are non-realtors going through the board will not do anything either.How you decide to after them will be based on the amount of money involved here.If it is a small amount a letter from your attorney might make them get scared into paying it rather than going to court.

At the end, Sykes listed the damages she will seek: For each state claim, a $50,000 penalty for each aggrieved party; for each federal claim, a $55,000 penalty for each aggrieved party; plus compensatory damages, plus attorneys' fees and prevailing party costs, plus whatever other monetary damages to the aggrieved parties are determined at trial.

With that out of the way, here is a HUD document entitled "HUD Controls Prevented Multiple Sales to Owner-Occupant Purchasers but Did Not Ensure That Owners Occupied Residences as Required"This HUD Office of Inspector General report says "We recommend that HUD consider eliminating the 12-month requirement by evaluating whether it is needed since enforcement of the requirement may not be practical and violations do not constitute a monetary loss to HUD.

Right, so it would obviously be several exchanges, but apparently 1031 exchanges require 1 year seasoning on any asset your trading if I'm not mistaken...so I'm not sure what the tax implications would be if I just traded say a duplex for a triplex that someone didn't want anymore without ANY monetary exchange...basically just swapping deeds.

Unless of course, the person has worked for you a long time and you have gauged her integrity, if you've come to fully trust someone.You can outsource most admin and support tasks but if there are monetary transactions and funds or bank accounts involved, you'd want to limit it to where the VA won't need to have access to it.I understand how those kind of work can eat up valuable time on your part, as well.

What type of monetary loss would I possibly take?

Answer: "Yes, when there is a lien on the property, anything of monetary value on the lien that prevents a transfer of clear title, the bank will take care of those liens prior to the close of escrow in order to close with clear and marketable title.Open permits, unpermitted items the bank does nothing with, buyer inherits the issue"Interesting, I am interpreting this as the 21K lien will be paid or negotiated with the County by them ( even if the origin was due to illegal additions).The actual fixing of the issue (i.e removing the violations) will be the buyer's responsibility.Sounds good to me...

As a 'not for profit' (no monetary profit) you would be good to go.

In the current times it is very important to keep a growing aptitude for ones own monetary well being.