I never considered any appliance other than the built-ins, stove, oven, dishwasher (if house had originally come with one) to be anything other than a drain on my time and money!

However, without professional representation, FSBO's stigmatize themselves on how they are perceived, which only hurts their own credibility.

5.30 years or older – inspect electrical, plumbing & heating closely, professional home inspection is a must!

The seller had done the usual cosmetic "make it ready to sell" and it "showed" real nice.But; it looked like some termite damage and a quick look in the crawlspace showed the original (maybe the 1950s iron drain pipes, always a worry.

The result, for tax purposes, is a rental loss of $788.The tax rules on rental losses are different if you're a real estate professional.

If there was a 7% cap rate on the $5,000,000 sample property, it would cash flow $350,000 annually.2) Do you think you would enjoy having professional tenants with long term leases?

If you don't plan to make a career as a real estate professional, getting a license is probably one of the biggest liabilities a real estate investor can have.

He worked with 3 people until someone was actually professional.

I am very selective about whom I work for and with…I believe in being professional at all times….. including on the internet.

Each must establish the fee it will charge for professional services rendered to clients.