To summarize, it says a “Real estate broker means a person who, for another and for compensation or with the intention or expectation of receiving compensation Sells, exchanges, options, purchases, rents or leases, or negotiates or offers, attempts or agrees to negotiate the sale, exchange, option, purchase, rental or lease of, or lists or solicits prospective purchasers, lessees or renters of, any real estate or the improvements thereon or any modular homes, used manufactured homes, used mobile homes or other housing offered or conveyed with any interest in real estate" This is black and white - if you try to sell a house you do not own, you are brokering.

A lot of times they feel they are in grey area and haven't received any direction from the new landlord/ owner.

Keep records of the monthly payments you receive. 8.

If the tenant damages a place badly, that could jeopardize their ability to continue to receive section 8 benefits.  

Can anyone please give me some advice as to roughly what rental return I could expect to receive from a 3 Bedroom, 2 Bathroom Condo I am looking at buying in Michigan Ave, Chicago IL?

Id recommend setting up some keyword alert for "Maryland" whenever its mentioned you will receive a notification.

My opinion is that you will have a hard time receiving compensation for the ozone generator and the primer as if the original lease did allow smoking then the smoke smell in the unit is considered normal. 

If you save or add them as your favorites on trulia you will usually receive emails of new and sold properties in the area.

) OR I won't even be able to receive a mortgage loan.There are multiple properties I have located ranging from 275k -550k in the Denver market which we all know is crazy right now.

Here is what I'm trying to accomplish:I'd like to pool investor money to offer loans to a businessThat business flips ~100 homes a year.The fund and business are both located in CA.Each loan would be funded *before* the home is purchased (often on the courthouse steps). 6 month term, 1 pt, 10%.The business receives title on the home within about 10 days of purchase.