It's forcing me to learn the basics and terminology, even if some of it will never apply to me.

Those people 'assure' that the lender will NOT call in the loan, even if they do find out, because they would rather have someone paying on the loan than going through a foreclosure process.When I did a land contract back in 2011, that bank had no issue with approving it, and the insurance basically was set up so that the bank was 1st position and I was 2nd position.

I do understand that they don't want to pass out a lease they basically paid for that could end up being used in that community, but it also tells me they are pretty locked up in thier thinking, probably due to thier attorney.I'd say reviewing the lease prior to hiring them would be more than reasonable and you should be able to add any addendum you like, so long as it doesn't violate local law or custom and it doesn't make thier job leasing more difficult.It also tells me that in the event any issue pops up, this PM may lack experience in dealing from a managerial standpoint attempting to follow strict guidelines, doesn't sound like they might be ver flexible, even if common sence should prevail.Could be too you need to do some more stroking, making the PM more comfortable with your requirements.PMs need to understand they represent you, you drive the bus and they oversee your directions.

So basically you can have money tied up for a couple years and draw zero interest.Also some states do not allow for you to take title to the property.

Basically the same concept just separate pins.

Basic accounting, basic economics, and basic corporate finance courses will be very valuable and won't cost you a ton of money to go and sit through.

Basically it's full of people that are at where you want to be one day.

It basically costs me 500/year (less each year) to have 15K at my disposal rather than a paid off and still depreciating car.

I have decided that since I am basically already in the business it would be worthwhile to get better educated to be able to better handle my current rentals but also any future ones.What forms of education would everyone recommend?

I also was a Mortgage Broker....Originally posted by Harold Wimberly:...I have to disagree again.The Person doing the loan does own the property. ...The borrower is the owner, the lender is just the lender and is not an owner of anything other than a note and a security interest in the property.Not sure what training goes into becoming a mortgage broker, but I would have expected something as simple as that concept to be included in the "basics", like before the 101 level of coursework.