Each state will have its own requirements.Thinking about the why is this true, makes me think that it's another economic law as well as watching out for consumers, that the NAR would not be wild about an MLS type service for FSBOs or others as competition, so I would expect to find similar restrictions.

Hi Jeffery,no i do not i live in NY. i am a newbie trying to establish the market i am going to start my market campaign

Ask about amenities, deposits, whether or not utilities are included, rental restrictions, etc.Then, look at this data to get an idea of what rents are for your specific property in your specific area.Once in a while a prospective tenant asks if I will take a lower rate than what's advertised.

(ie $2M property, $1M cash, $1M debt, new property has to have at least that much debt, or you get taxed on the "boot")Also, there are restrictions on how much larger the property can be, so double check.

Going after multis is more targeted so I'd suggest a more personalized campaign that included mailing and phone calls.

Severely restricted my potential buyers and the HOA was not pleasant to deal with.

I will be implementing a direct mail campaign and nervous about costly mistakes.I do not whom to mail out at this moment just yet since I do not which type of motivated seller should I target as a newbie, this cost can bury me real quick if not careful since funds are low to start with.So if you were a newbie and just getting started as I am what top tips and steps would you take to launch a good direct mail campaign ?

I believe some states restrict having an entity as the Trustee.

I have an interest in a piece of land that is coming up for auction at tax sale next week, and I am wanting to cover all the bases.I checked with the city and county departments and it seems there are no restrictions on the property to be able to build what we want, and there are no additional tax liens on the property with the government.I am trying to contact Title companies, about conducting a Title search to make sure everything seems as it is since I cant make sense of the public records I found myself.Is there anything else I need to watch out for or pay attention to?

Since I have successfully closed FSBO's with PNC before, then the investor requires the property be listed.Before you spend more time on this deal, screen your lead (if you do not already know) to see if the investor is Freddie or Fannie.https://ww3.freddiemac.com/corporate/http://www.fanniemae.com/loanlookup/If the investor is with one of the above, you will have other added issues that may not make this worthwhile.Freddie may require a 90 day anti-flip restriction.