@Dmitriy Fomichenko and @Brian EastmanThank you both for clarifying this rule and the risks associated with this type of transaction.  

@Katy NguyenVAC is usually associated with Vacant.VIC is usually Vicinity.Usually see these with lots that don't have a specific address.

Are there any other fees associated with owning via the HOA, etc?

Social aspects of RE are not limited to low income tenants, far from it.Look too, for the National Association of Housing Officials and Redevelopment (NAHRO).Here are some organizations or other folks that deal in RE within their realm.Office of AgingAssisted LivingAdvocate Organizations for the blind, handicap, children, etc.City P&Z OfficesDept. of Defense, especially the Corps Of EngineersDept. of EducationDept. of Health and Human ServicesEconomic Development identifies blighted areas and funds redevelopment.HUD/USDA have social and economic skills educationHOA organizationsLook to your local United Way, they are often the gatekeepers for funding going to community service organizations and they will know non-profit housing entities that serve an area.Developers base growth from social impact studies, demographics are the social and economic movement of populations.  

You do end up with some water bills for occupied properties and have to chase after tenants for the money, but it does solve the problem of the fees associated with getting the water back on and the potential damage that could result. 

Next consider this statute: 475.42 Violations and penalties.—(1) VIOLATIONS.— (a) A person may not operate as a broker or sales associate without being the holder of a valid and current active license therefor.

"Millennium", Quantum", "Sylvan", "Idyllic", etc. and fashion that into a name by connecting it with "Enterprises", "Industries", "Associates", "Ideas", etc.One specific suggestion I will offer is to avoid names containing "properties", "investments", "holdings", etc.

I was offered a job by one in the twin cities for a incredible amount of money and turned it down because of their horrible press coverage and fair housing violations, I didn't want my named associated with them since they lost their rental licenses in Minneapolis.

That is a level of carnage I normally associate with fraternities, roller derby and the two hours after my great uncle found out they were taking "Touched By An Angel" off the air.This isn't entirely a shock, as we knew we inflicted some damage.

It seems that all the online schools offer the same course called "RE CAMPUS" just at different prices and packages.

RE Campus seems very text based, and I would prefer to do an online course where an instructor ta...