That being said probably fighting an uphill battle to prove it and to get them evicted, if that is the route you would take.

Needless to state my relative paid in full but not without hiring an attorney and having to fight for his property.

Sometimes it peels off easily, other times it fights you by the inch.

Fighting city hall is not a good idea.

Exactly one year ago I moved from Irvine California to Albuquerque and bought my first 4 plex (lived in One/rented 3) and as of today I'm closing on my second property within 10 months and increasing my portfolio, i look at Trulia/MLS and Zillow before going to bed and review potential properties.

Loan, that way you dont have to fight over profit/accounting, which could be a pain if you will be GC'ing the project.

I don't necessarily agree with the rule, but I wouldn't want to be the one fighting it in court one day.

From a practical standpoint, were I faced with a situation where I transferred title, they called the note and I transferred it back and they still wanted to push forward with it; I would probably weigh my costs to fight it verses to pay it off with cash on hand or refinance it.

I'm in Irvine area in Southern California.

We lived in Irvine for awhile, and are now in Lake Forest.