Their top recommendations, of course, are to read, listen, and engage with the community.

Banks and credit unions can also offer flexibility for investors that engage in strong relationship-building strategies, offering discounts and solid loans in exchange for borrowers willing to use the institution for other purposes (savings accounts, etc.).

How these lenders have skated around licensing in many states is because the "commercial loan" language but they really did not know is some states the exempt law state: Exempt-(d) Any person engaged solely in commercial mortgage lending or any person making or acquiring residential or commercial construction loans with the person's own funds for the person's own investment;

@Chris YeungI disagree wholeheartedly with everyone who has suggested engaging an attorney at this point.

If you go the route of getting your real estate agent license and work under a broker, what sort of monthly/annual fees is normal to pay the broker in order to engage in the property management business under them? 

I define a good tenant as someone who:Has stable employment in a market segment that is very likely to be stable or improve over timePays all the rent on scheduleTakes care of the propertyDoes not cause problems with neighborsDoes not engage in illegal activities while on the propertyStays for many yearsOnce I identified a specific segment, I then derived what I call a property profile.

We recently got engaged and we are looking to purchase our first home this year.

On top of that the only agents who will engage with leasing are bottom of the barrel.

@Jesse Holshouser Your only option is to engage the seller and have he/she negotiate some sort of buyout for one of the tenants to free up a unit for you to occupy.  

Diversifying income: Ranchers can diversify their income by engaging in other activities, such as ecotourism or hunting.4.