Did you vet contractors in-person prior to hiring them to work on your projects?

To answer some questions, yes, there is a clause that states in an emergency situation prior approval is not required.

New tenant must go through complete vetting, sign the lease, pay security deposit and rent, and move in, prior to the referring tenant getting their $100.

@P from prior topic, use this to understand the capacity in your market and your best options. 

A performance deed executed prior to default violates the borrower's right/equity of redemption in many jurisdictions. 

Keep in mind, termination can take 30 days so you'll want to provide notice prior to the termination date. 

The eviction did happen but SDIRA is actively engaged and working to help update the unit from the damage of the prior bad renter.  

Having some prior experience with a flip and a BRRRR locally will definitely come in handy.As someone who’s also from the Bay Area and has done rehabs on my long-term rentals, I wanted to share a bit from my own experience.

I had prior MHP ownership experience and all the homes were tenant owned and were about $150 below market.

I do not have any loans through Flagstar Bank, but I would talk to them prior to moving it into the LLC.