I purchase properties at tax auctions and my bank wanted to call mine due to to purchasing a property and when I informed them that I am not purchasing any properties (just liens on the properties) they had to relent.Now due to the foreclosure process on those liens I have a couple of properties in my name that were purchased with those HELOC funds.

This is a paraphrase of the laws as I remember them and things may now have changed.This, of course, almost effectively almost requires that an re agent be involved in some phase of the deal even if you are not required to have a liscense.All such liscensing questions should be verified by a qualified attorney in the area in question as those laws vary so widely from state to state.All that being said I also agree that the monies spent on the RE liscense is some of the best education that you will ever pay for.

Thanks Gary, my main interest is verifying comps for out of state relatives and friends as opposed to buying / selling.

If possible I try to qualify the borrower without the rental income because of the hoops you have to jump through to verify the executed lease contract (cancelled deposit or rent checks), but it says right on the DU findings that rent can be used as long as you are below 75%.

No opportunities to to focus on industries, sectors, indexes, company stock, ETF, etc.

Watch for the recorded date of each instrument to verify accuracy.

While investigating the person's background history, it may also be a good idea for you to contact their current and previous landlords to gather their opinion as to whether the tenant paid the rent on time, kept the property in good condition, and left on good terms.Another option to keep in mind which is more of a no-brainer is to verify the person’s employment.

I believe that Jeff Schnitter knows what he's talking about, and I've been able to verify every principle that he taught in class independently through multiple sources--online and otherwise.

I typically like to to have around $100.

Here is another article describing the "how to" to make grass grow in a desert climate.http://www.ehow.com/how_4513716_grow-grass-desert.html