The loan requirements include the borrower setting a performance bond, agreeing that the project funded shall not benefit any other business venture, that the primary lender advance 70% of any future funds required at that lender's approval, that the borrower is not to further encumber the property, that interest be paid annually the first 3 years, then payments roll over under an end loan with a prepayment penalty 5% to year 5, then each year the penalty is reduced by 1% annually until it doesn't apply. 

@Matthew Maggy you want to reduce your exposure to loss and your unknowns. $2K for gutters is the way to do this.

All of the homes are owner occupied by lower income people with a mix of them receiving public assistance. 

Has anyone ever had any success or experience in using public records to find absentee owners, tax delinquent owners who would be more motivated aka financial problems.  

Wondering this because... there's a property that shows a List Date of  7/21/2015  , and the property has already been reduced in price on today's date of  8-11-2015  ..... which is less than a 30 day period, but yet the property has already had a price drop 5.

Is it a publicly owned road?

SEC attorneys do all this for you.http://www.syndicationlawyers.com/Cost you $8k to $13k for the PPM.I know of NO other way to market in any public way for funding!!!

Questions for Public Comment 1.

Check posts about seller financing and tired landlords.Throwing in a lump sum on existing loans doesn't effect cash flow immediately it shortens the time to the payoff and reduces interest expenses, that are deducted from income.

After all, if it's listed, then it's publicly advertised and available to anyone.