I will disclaim that I haven't seen the podcast but that strategy may be worth trying for a larger company who can absorb more administrative costs (solid operating agreements drafted by attorneys, separate accounting, separate checkbooks, etc) but for most people on here the costs likely outweigh the (potential) benefits.Feel free to reach out to me if my thoughts are off base or if you have any questions.

I have people in my Realtor database that started looking here in Boise back in 2014, and wanted to wait for the pricing to come down first. 

If you want a residential mortgage with a lower down payment, you will need to find a 1-4 unit building.Commercial real estate financing is different creature - larger down payments (25 - 50%) are normal; lenders will look for experience; owner occupancy means nothing; and you the borrow will usually be responsible for the lenders up-front costs (read originating/administration fees).  

I am not sure how similar probate in new jersey is from california but i would guess that she must open up probate first and then the judge will appoint her as the official administrator of the estate in which she will then have the authority to sell the properties and collect any equity from them...in california if probate is open and full authority is requested and granted the the administrator of the estate can sell the real property to who ever she/he wants for whatever amount she/he desires as opposed to obtaining limited authority where heir or administrator must comply with selling at a certain percentage of the courts appraisal value and at a public or private auction to highest bidder...therefore perhaps preventing you from having first option to buy unless you are the highes bidder....anyway im not sure if probate is like this in new jersey. hope it helps! 

You may also find information on Facebook or LinkedIn.In Indiana, we can search names on the court databases online.

There was no repeat business (appraisers are assigned by the pool administrator and lenders can't request their favorite appraiser like the old days) and the fees are set by the pool administrators (think low).

I use an Act database for my contacts.

That should at least give you a ball park, even if you aren't planning on renting to that demographic.I keep a database in excel of all known rents in the area we have houses in.

In my area, code and grass/weed violations lead to the property being placed on the condemned list which is found online on the city's website in pdf format.Also, I can do a name search on the local courts database to find any/all court proceedings free of charge.

This MAY be an isolated move by the Federal Housing Administration, but if it is not (as I suspect), might the profit paradigms which rely on mortgage buyers be in jeopardy?