We have notified the current PMC of termination, and the company has agreed to work with us to come to an amicable resolution on open issues.

It was entertaining.This is a larger example of what has been happening all over the country. 

But in a place like this part of CA were its reversed the land is worth 80% of the total value not 20% like most other areas of the country yet the bank requires insurance for the total amount of the loan even though the build cost to replace is far less..

I think most of us can agree that we do not invest in RE for 6% return.  

@Robert MedinaI agree with @JD Martin that you’re in a strong position with $600/month cash flow and a solid equity base.

But don’t worry, you’ll work with your agent ahead of time to agree on what this is, so you won’t be surprised at the finish line.3.

A lot of time, this will scare the people out of the property rather calling the cop agrees to issue a trespass or not.

I agree with @Becca F. that hard money rates scare me.

Agree on the advice their are sharks out there that are very good praying on people with various scams each month a new one pops up so avoid the housing market right now .In the mean time invest in a index fund that follows a benchmark like a S&P 500 each month/week put more money in when you are at a age that father wisdom has visited make small moves into the housing market .

But I agree with you these guys pass up a ton of listing opportunities and given the amount of money they spend thats just wasting marketing dollars in my mind.. the laws are changing on wholesale assignment business model.. like most things RE its always changing and evolving.