There are several good reasons:1- He/She should be in touch with the current market.2- He/She should be up to date with current laws and ordinances.3- He/She should be in touch with the rythm of the business.Here's why I say that.

(I have booties that the electric co uses to cut the electric, so when I have done it, the meter is still there and they think the electric company cut them off.).

Jerry, you mean CO?

However, co-workers and former clients could definitely be a possibility.

There are people here on this board that know what is illegal or possibly illegal.If you are in PA, it is really important to have a lawyer represent your REI Co that knows Landlord Tenant Law and what the local Judges might rule in a Lease Option Agreement.I have doing lease options for 30 years.

Is it likely I could find a mentor out in Colorado to take me on as their project child?

Make sure to talk to the section 8 coordinator and get all the details on filing a change request.

Doing the cash-out refinance and parking the money, especially if co-mingled with personal funds or general operating funds of the business could cause problems.

With interest rates at historic lows, you have a lot of money chasing yield, and institutional money (eg pension funds, insurance co's, private equity) has been pouring into real estate.

If they choose to have it in a city with rent control, they have to deal with it like any other law or city ordinance.