Vacant land is a great place because no big issues and you can buy and sell all over the country fairly easily.  

I believe the IRS issued a safe harbor at 2 years but if you don't have it as business property for 2 years that doesn't mean you are wrong, it means you are getting into the gray area.

The only way to do that legally on a regular basis without fear of legal issues is to become a licensed agent.

Banks can usually lock a rate for 60-90 days for fixed-rate loan products, but can create other issues for borrowers by requiring depository relationships and ongoing covenants for property performance. 

It's in relatively good shape, hardly any issues, and the current tenant is very cooperative and responsible, he intends on staying for at least another 2 years.I'm seeing this as an opportunity for my first buy-and-hold property.

4 conventional loans shouldn’t be an issue....the limit is 10....unless your bank has a funky overlay.

It has been explained to me that this ultimately is an insurance issue that provides a clear path for settlement for the person harmed. 

This is a RE licensing law issue, not a RMLO issue.

This is often where a property can outperform the paper and yet the place sounds very likely to have high turnover and tenant issues at that rental rate.

Then they email me, tell me about the tax issue and raise the price by 5k on each property.