As far as the DOSC yes that is a concern and yes the lender can call their note due, and they will.

Older buidlings can have some major plumbing issues and pretty much you have to replace, or fix something constantly which really cuts into the cash flow.

The things _I_ would do--new kitchen about a 9x12 rectangle) , solar heat and water, tile throughoutbath repair, possibly cosmetic, and exterior paint.A big concern is that it was built in 1972, so upgrading the plumbing and electric may be necessary.

A big concern is that it was built in 1972, so upgrading the plumbing and electric may be necessary.

Thats why I am concerned about going with hml.

If i were u, my biggest concern would be what is this guy looking to get out of me.

Sure, you will have a steady supply of listings, but the will ask you to drop your commision up front, and if a buyer comes in lower than expected on a purhcase price, the selling agent is typically the first comm to get cut.

Agents can only act if they are working under a broker, and then of course, the broker will want his/her cut...

as far as investors are concerned.

sitting in your house on the computer or driving by houses isn't going to cut the mustard.keep on pluggin.