I recommend this because I found that my roommates took more precaution when asking for certain things and actually did take really great care of the property.

You say there are no liens on the property but did you actually have a title search done and reviewed by a lawyer?

Was thinking about Reno/Tahoe area too actually,- my daughter goes to UNR,- and Reno - Tahoe proximity cannot beat - especially value of properties in Tahoe area on both size of the state border compare to Reno,-)…

I would want to see actual bank deposits (not a quick books entry or excel sheet).  

They are actually more expensive and smaller than these kit homes I'm looking at. 

I had just come across a section 8 strategy video on youtube of a very well-known and successful investor who actually recommended not using multi-family properties as housing for targeting individuals with section 8 vouchers for various reasons...and now I'm afraid!!!

I suspect most have not much experience and none have actually played with the numbers.  

I told him he has an obligation to keep investors informed and up to date especially if he wants repeat investing and wants to gain trust.

Actually I do work with agents who are also investors and it does have some advantages in that they tend to look at properties with more of and investors eye and I think that it can help them in talking to sellers. 

After you take the courses and pass the exam you have to apply to the Department of Real Estate for the actual license.