You always want to make sure your bidding on 1st lien( usually the mortgage) because then "normally" any other liens are not your responsibility and fall off from your responsibility(they can make a claim on any excess proceeds from the auction sale).If your title search shows the 2nd lien being foreclosed on, well now your caught in the middle.

But the values listed  look excessive to me.  

In my operating agreement for LLC B, I specifically state the managers/members of LLC A have full authority to make decisions, execute contracts, etc, but there is no explicit personal info listed for LLC B.  

Your tenants - as long as they are worth anything- will inherently respect your authority as a landlord.  

. • Assessment and collection of costs for this program from the leased units by the authority of the Community Covenants, Conditions, and Restrictions (CCRs), $150/year.

When you do this, the first step will be for someone of authority to contact the agent and let her know a complaint has been filed.

>My investors have us build them properties for their passive high cash flow of 17%+ cash on cash return.we have had STRs since 1999 and all of them have total returns very far in excess of 17% annual.  

My main questions would be: how long does the entire process take from applying to actually having possible tenants to start picking from, and how do they determine exact amount for rent (the amounts listed on the housing authority site seem way higher than market rent, I’m wondering if I will actually get those numbers or not)any other general tips or advice is also appreciated!

When I did it correctly, they denied the transaction and informed me that my TAX ID and account is no longer authorized to use Melio, with NO EXPLANATION.

They purchased a few homes, renovated, and jumped on Bigger Pockets when it was young to establish themselves as authorities.