Our company once had a problem where it felt like the State practically raided our office because they didn’t like the wording on a flyer.

Driven, IMHO, by money coming out of the stock market after the bubble there and the extremely low interest rates and loose lending practices.

i'm saying that in NC, it is common practice, and leagl afaik, to pay a birddog a fee, whatever it may be, as long as all parties are aware of it...ie, full disclosure.we do this, commonly, by refering to this person or entity in the purchase contract, represent the funds owed to this person on the HUD1 closing statement and then actually paying them out of the closing proceeds.as far as being licensed goes, the birddog isn't representing anyone in the deal, simply being paid much like any other contractor offering a service.

Legally the term does not make a lot of sense.On a practical level investors use it to mean a property that has not gone to auction yet.

:violin: ), I just don't like the idea of making someone else rich while simultaneously giving up on my dreams of financial freedom.

@Dustin BeamI just looked up some winter stats for Kansas and you have it far milder than I thought ... practically balmy.  

Sounds like there may be a more direct or practical way to start the journey.

I will be practicing real estate law in Lansing upon graduation as well. 

There is nothing like practice, especially if you have a mentor or the money to afford one.

A standard practice among some investors.