If an LLC owns the house....you personally are not the owner.

The systemic trouble is in a few high growth markets in the US.  

This, also, is not a public document.c) Once thats up a notice of  sale is sent which outlines the up coming auction and must be filed with the recorders office for the foreclosure to be legal.Another document which isnt mentioned a lot but is critical if you want to be in front of the competition who focus there marketing on motivated sellers from c onwards is the appointment of substitute trustee.

There is a single family home in front, and in back there is a guest house/loft above a garage.

Hi BiggerPocket community,This.is Michael, currently a partner of Coldwell Banker UAE.Just want to introduce myself to this community and proactively will be sharing more about investments in the real estate market here in Dubai.

The two are almost entirely different markets in terms of price points, returns, tenant quality, and overall investing strategy.

Of those two, I actually like the first one better because you have a competitive advantage to that market and the amenities you could provide.

I tell people all the time: if you can't find a quality PM in a market, don't invest in that market!

Option 3: Pay large down-payment on modest rent ready house. 

I was playing with the idea of selling my condo, taking 300k of the equity to put a down payment towards a house listed at 660k.I'm assuming the reno will run $300/sqft and going in with the assumption that phase 1 will run 750k (figure the expansion of the house will have to wait) for the gut reno.I assume/hope (but definitely not banking on) that I will be able to refi in 2-3 years at a lower interest rate; if not for a lower rate.This will likely be a family home for the next 5-10 years at LEAST so investment value isn't quite at top of mind ATM.Questions:Even if it's not for lower interest rate, do you feel it's advisable to refi to remove the 203 loan in the future?