I prefer the SFRs vs MFRs, simply because in the MFR you are going to have to deal with the complaints and resolutions of tenants bickering.

I had same problem in CA, tenants had not paid rent, the resolution was simple, the tenant was using drugs I caught his buddies in the garage smoking something colorful, I called cops, they were gone, issue resolved.  

But, the Association is not be able to interfere in the pending bank foreclosure by threatening to foreclose its own lien quickly, allowing the owner the time to fully defend the mortgage foreclosure and seek a fair resolution of the case.

How many notes have you done, what was the average time to resolution, what return did you get.  

The Trustee spread the proceeds to the many creditors - her debt was around $45 Million.It would appear that just like every other court proceeding, it is next to impossible to predict the outcome or the steps to get to a resolution.

But you must learn how to deal with this with a smile on your face, an up beat tone in your voice, and the goal of a positive resolution.80 percent occupancy is a possible red flag revealing some type of problems.

I don't know if I said it in this post or others but dispositioning loans is not some linear path of resolution.

They use low level flying planes to capture high resolution images so you can see the condition of the home prior to visit.

The attorney will also tell you about the records, resolutions, and meetings you will need to keep and adhere to for your LLC to be as bulletproof as possible from liability.Attorney-drafted LLCs also act as a stronger deterrent to trial lawyers that might be deciding whether to bring suit against you (they assume an attorney-drafted LLC is probably error-free and run correctly, thus a poorer target for a lawsuit).

And piercing the LLC (corporate) veil is not all that difficult as many LLC don't have separate bank accounts, minutes, resolutions and often co-mingle funds.