This is a pretty easy conclusion to come to for most people, but I think the lack of inventory in the solid B/strong C class areas in the state keep people going back to these bad areas.

After some light research & heavy angst we have come to the conclusion that "house hacking" a multifamily property might be best suited for us to wade through some of the growing pains as well as officially kick off our investment portfolio.

I am on a shoestring budget and by my reading the forums have come to the conclusion that probate property wholesaling is my first way in!

After many hours of listening to the bigger pocket podcast i have came to the conclusion that, house hacking could be and would be a great first step toward building my portfolio and over the years to increase little by little into triplex, Quads, and continue moving up. 

Sorry that info was not provided before, and I was too quick to jump into my own conclusion. 

My conclusion after feedback from both of you is that I shouldn't buy this property because:1.

That was conclusion I’d come to before making this thread but wasn’t totally sure...I learned that NC landlords are simply not legally allowed to charge a late fee until after five days past due...

I've gotten very close, but I can't track down the 2000 note itself.I have the loan proposal from 2002 that references that 2000 loan number as the "current obligations"I also have the deed from 2000, but it only lists the first 6 digits of the loan number, and those are common to all loans from Lender AIt seems very clear to me what happened, but without conclusive evidence (filed release or note from 2000), I can't seem to get the title company to underwrite an owner's policy.  

I'm Still very new to Real estate, but from my research and the suggestions of mare experienced investors, I have come to the conclusion that wholesaling is the best way for new investors to enter the space.

Hi Jesse, I believe you are drawing an incorrect conclusion re use of trusts to title MF in, over all you'll find ownership to be LLCs for commercial property, including MF.You will need to find how to access public records for deeds and security deeds (mortgages) for your area.