NC REC takes these issues very seriously and has the authority to yank the PM's real estate license and some other powers.

The IRA owns the LLC, but you can be the non-owner manager of the LLC and have signing authority.

.- Get a credible plan in place, in writing, to have tenant out within 60 days of closing.- Delay closing until under that 60 day mark.This being an issue should have been anticipated by your realtor...

If you order a conventional loan product but really intend to use the property for investment-related purposes, you're lying to the bank.Naturally, this all depends on what kind of loan documents you are looking at, so you need to speak to your attorney on what consequences applying for/signing your loan documents will have and what you are actually authorized to do under the loan product you order.

With this, you're experience and credibility provides a competitive advantage, the field isn't crowded, and the specialized expertise provides a higher barrier to entry. 

Ask your local authority what the requirements are, so you are not wasting time. 

My mentor suggested I start a meet up for several reasons which are: Control your time (have the meeting work with your schedule and where you want to be)Become a well-known connector of peopleGain thought leadership and authority in topics discussedGive back to help others get started and close more real estate dealsBuild relationships with like-minded individualsMy real estate breakfast meeting has been going strong and will continue to meet on the first and third Friday of each month.

Identify a credible insurance company that deal with Investors that have real estate portfolios.10 properties per year is a very good target, and can definitely be realistic if you want to acquire ones under $80,000.

(This starts your credibility)5.

I was the high bidder.About 6 weeks later after I had closed on the property, I was notified by Housing Authority of Baltimore City that rent payments for the upstairs unit were abated due to violations and repeated failed inspections.