https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

This service also subs the legal work out. 

Directly investing in real property investments, whether property, notes, tax liens, or leases requires a THOROUGH understanding of all LEGAL aspects concerning real estate law in general and the investment in particular.It’s IMPOSSIBLE for someone who hasn’t accumulated either a legal education in real estate law or 20 years active experience to have the knowledge and understanding of legal aspects sufficient to reduce legal risk to an acceptable level when investing directly in tax liens, notes or real property.  

However when I would do work outs it could be a challenge for private second holders to understand the pickle they were in.All the more reason every investor should obtain qualified legal consultation before investing directly into notes 

I'd be surprised if the way they are teaching & doing the lending is legal. 

Definitely none of my business to give any legal advice however, in respect to qualifying for a DSCR loan and using an entity, this is what I have seen. 

https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

Once the note is accelerated the seller/buyer either needs to pay off the entire balance within a legally prescribed period of time, renegotiate a satisfactory solution with said lender, or face possible foreclosure filing. 4.

Back stairs.If you are talking about making a 2+1 into a legal 3, the towns are going to tell you only the above two will qualify.

My STR is in a city where it is legal in private but not in public.