I'm assuming that no attempt was made to rent the property in 2011.Your situation is why I ask my clients to call me through out the year before purchasing or selling their property.

Here are 3 tips for avoiding popular lending scams:1.Run away from fee collectors: A lending scam is usually present if high, upfront fees are paid directly to the lender.2.Obtain references from the lender: Although real references are hard to verify, always ask for references from the lender’s clients.

My wife is in insurance and so many agents will work a client over for a bit of commission.

(my own 2 cents only of course, but that's what I recommend to my clients as well.

I called a client of mine and that same day I had them put it under contract, lined up the private loan and had it fund the same day and I collected my commission the same day as well.

Make sure you satisfy the 50%+ guidelines for expenses.

My personal attorney did mine, but I'm unsure if he would do such for a non-client/someone he doesn't know.

At 6 units and above you are looking at commercial financingI work with many clients and I have them stay away from properties that have new tenants with an unproven track record of rent history.

While they can be a hassle your looking to build up a client base and having anything you can call a reference is good in the beginning.

I made my clients price aggressively.