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Yes, it can be. But there are lots of tools now like google earth, google street view, nearmaps....and then of course independant and insured pest & building report companies. So there is much you can do to reduce the risk. Why would you want to manage it? That's what you hire a PM for and so...

Yes. In NSW a BAs licence is a sub-set of a full REA licence. (BAs don't have to do Trust Accounting or Property Management - unless they want to). They are regulated by the OFT. REAs and BAs cannot pay spotters fees to ozperp and others like her :) NO! No cash.

No, it is not illegal for a real estate agent to act as a buyers agent. What is illegal, is taking a commission off a seller as well as taking a fee off a buyer of the same property. It would be better, in my view, to use an exclusive buyers agent to buy for you. i.e. one that does not list...