When I am active in the foreclosure space, I watch substitute trustee filings, which is a sure signal there is default... so similar thing.

No substitutes.  

The basics of this business haven't really changed over the years, and there is no substitute for his experience.

Which is another reason to use the cash/cash evaluation as it's the NOI / down payment.You get the GSI and expenses (or substitute the 50% rule) to calc the NOI. 

And while going with an inspector will help you understand what is going on, it's no substitute for hiring someone who has a system of inspection and a system for reporting.  

@Penny Clark,The LLC is not a substitute for insurance.  

The NC pre-foreclosure guys will look for "substitute trustee" filings as an indicator of loan default.

There is no substitute for being physically present with experienced investors.I'm always happy to help point you in the right direction for resources or tools on BiggerPockets that can help you with your REI goals!

Your estate planning attorney may ultimately do something like this:Create a title holding trust for the purposes of holding title to the property subject to the existing mortgages of record.Owner uses trust transfer deed to pass title to Mom as trustee of Mom's last name trust, under trust dated Xx/Xx/20xx.Then, Mom subs out as trustee and records substitution of trustee naming your entity (Handel's LLC) as the new trustee.Should not trigger due on sale, is clean, and can accommodate as many assets as you wish into thus entity or dev.

These are my notes and should not be taken as a substitute for attending the webinar.Here are the notes I took during it.You need to have these factors wrapped up before a lender will take a chance with you.