Not sure you are qualified to render legal opinions.

The dynamics of our current dollar - the dynamics that have rendered it a fiat currency - have been in place since 1971.Since it has never worked before.

The spring ones always seem to get tweaked, rendering them useless, and the solid ones are easy to kick ripping them out.

In sum: Josh is a friendly hardworking guy (can't say the same for everyone I spoke to there) but the services rendered (opening up credit cards) are far from worthwhile.

I helped experienced investor friends redesign units, did floor plans and design renderings for their projects.

Let alone concept renderings and market research.

I plan to look into the costs for the purposes of calculating CapEx, but I'm wondering how I determine if it's necessary or not.Flood history for a specific property - I’ve loosely heard that once a claim is made on a property, it is rendered uninsurable by flood insurance ever again.

If you have a balloon payment the defect may prevent any future refinancing.Another issue is future modifications, such are a new extension of credit and you need to ensure that the priority of the lien remains, so state law needs to be examined.Future sales can be delayed, foreclosure may not solve all defects.Defects in title or the note, DOT or mortgage may render the note unmarketable.The 61 points listed (some may not be a concern and there are basically double entries of the same issue) may all be associated with performing or non-performing notes.In seller financed notes, I can add to that list as those primarily pertain to conventional securitized notes.In that list you'll see issues of self dealing, arm's length transactions and improperly executed documents, these issues are magnified with seller financed transactions.Add property valuations at the time of sale, often over valued.Incomplete or inappropriate servicing records.Application of funds not properly made.The loan is between related parties.Notes in connection with installment contracts, CFD, Sub-To or Option financing improperly drafted, or identified with the contract.Personally property was included in the transaction and financed, security not perfected and that security interest in the RE is overstated.Now, these are some issues to ad to the list provided in the link, but just moving on:Dodd-Frank,Illegally originatedNon-compliant termsServicing is not compliantThe note doesn't have the seal of the MLOIncomplete loan fileBorrower had possession of verifying documents during loan processingAbility to pay not documented or computations incorrectly madeBroker/seller is not registered or in compliance, then revert to the "linked list"MLO is the note holder, seller of the property securedNote is originated by a Trust or closely held entityDeed in lieu of foreclosure, executed by the borrower & originated by the note holder, (escrowed deed for default)Financed options or credit leases with notes being disguised salesOption agreements requiring any contract performance by the optionee.Lease- with financed options having lease amounts under FMRNotes assumed by assignment to a new buyer without lender's approval.Non-recourse notes without asset based justifications or additional security.Any prohibition against the ability to obtain future equity, such as a HELOC.Notes that include cash advances together with equity.Zero interest notesOriginal married note holders divorced, died parties, incapacitated without proper assignments.Tax liens or judgments against the note holder.Notes held by entities not properly filed or in compliance, improper authorizations.UCC filings on note seller's assets, note not released.Okay, getting tired !

Many times a plumber will cut out a floor joist to install plumbing, and in the process render the joist so damaged that it no longer provides any structural support.Replacing many of those out-dated systems with modern systems would come out of the "capital improvements", as part of the expenses covered under the 50% rule.

You could keep your tenant because you want to continue to provide help in the form of housing to someone who could certainly use it, and depending on the rules in your community there could be help rendered in the form of vouchers and other subsidies provided.