I have seen indoor romex and non-gfi outlets outside subjected to weather and the list goes on and on.

Receiving a written confirmation from a registered broker-dealer, SEC-registered investment adviser, licensed attorney, or certified public accountant that such entity or person has taken reasonable steps to verify the purchaser's accredited status.I highlighted the "non exclusive" bit, which I think (not a lawyer, though) means there could be other methods.

Most rehabbers that i know don't pull permits for anything other then serious structural work that changes square footage (room additions, expansions) and other new beneficial additions that need to be reflected on the title or public records (new HVAC with ductwork, changes of gas water heater to electric, etc).Hire a good good licensed contractor to give you an unofficial honest opinion for a nominal fee, make notes of everything he says, then hire an official inspector, see what he finds and also point out the things contractor mentioned to discus further.

:It's what the fair tax concept is based upon, of which I am a proponent....sorry if I am too simple...maybe I should find something else to do...One has absolutely nothing to do with the other...and the two financial models are completely different...The Fair Tax is -- in theory -- a fixed, non-negotiable tax charged to a pre-determined party (the end-user).

You're going where you don't need to go at all, a sale contract is all ready made for a buyer to acquire good title, free of encumbrances, that would mean that you are to receive the full bundle of rights of ownership unless there are restrictions to title like a utility easement or HOA restriction made of public record.

I'm really looking forward to picking your brain about some general, non-RE investment, business questions at the meetup.

Go to the public library, read everything you can get your hands on, save some money and buy a house.

I've had some REO purchase experience as a non-investor in the past.

Make sure when you take credit apps that the money is non-refundable before payment.The possible tenants need to understand so they do not make a loud fight later on about returning the fee.

I have experience using a Hard Money Loan to "bridge" the gap between non-traditonal financing to a traditional source.