I have been advised by my attorney that there is nothing wrong with me closing my deals in this manner, so I will continue to do it this way until they pass a law which prohibits it (which I'm guessing is going to happen in the not so distant future).Steph

Now if a city could pass a ordinance the put landlords on the hook for providing housing for the homeless; genius!

GC:  this you must pass a test take continuing ed and be licensed bonded and insured.What happens up here IN PDX is the flipper follow their competition and when they see mom and pops competing against them they file complaints... especially the foreclosure buyers.. and then you have the HML who will turn in any private investgor they see funding deals.. as its required to be NMLS licensed to do loans on any 1 to 4 unit regardless of purpose or if its to an LLC or what have you..

The tenants still have to pass a credit score check. 

Personally, I wouldn't want him on the lease for the reasons that you stated, besides the fact the he wouldn't pass a background check (I do require a background check on everyone 18 and over that will be living in the unit).

If you know the answers, you will pass easily.The two day class is good also, it teaches you how to pass as well.And besides mls, you can earn commissions for CA deals for yourself or friends, broker hard money loans, etc. that in CA can lead to thousands of dollars.Relax, and you'll be the first one done.

list=PLGQ187ozG8hRUMs...to be honest I'd rather pass a class where I can inspect my property myself.

Even with a sizable majority there are plenty unreliable within the GOP who talk big but would likely back down when it came time to pass a bill.

But I’ll pass, as I like keeping my early retirement and prefer staying in cash with new money.

Most deals we underwrite don't pass a DSCR test of 1.25 and therefore cannot be leveraged at our typical 70-75% LTV.