@Julian Buick  commercial purpose loans in WA require no licensure... if you have cash to invest.. lending is a great way to make nice returns without all the hassles of landlording.Just need to exercise caution.. like buying rentals.. lend as close to home as you can so you can drive up and look at the collateral.. always lend with the thought in the back of you mind would I mind owning this and could I sell if for more than I lent on it after a years time.

Lender has the option (rarely exercised) to call note due. 

hi takeshia from " elvis country"....lol. wholesaling is a good part of the flipping houses and RE world. however, each state has its laws regarding wholesaling. i would tend to believe a real estate attorney from the area on his or her opinion. i wouldn't say something is illegal if you can get a license to do it, its just illegal to not have the license. then we get into the gray area of exactly what wholesaling is. if you find a seller, and put them in touch with a buyer for their house, you are acting as an agent. without a license, that is illegal. but, if you find a seller, YOU get the house under contract to buy, and put in the contract your right to reassign the contract, that is wholesaling and might NOT be illegal. in that case, you are not acting as an agent because you are not bringing two parties together. you are actually contracting to buy an item, but then exercising your right to sell that contract which does have monetary value. just like a corporation creates a stock certificate and sells it on the stock market, it is just a piece of paper with monetary value that you are selling. please check with at least one other real estate lawyer and explain the process completely. show them how you would not be acting as an agent between buyer and seller but as an actual purchaser looking to sell the asset you have created. that may make the difference. 

They are a great way to learn as you are commuting or exercising or just kicking back.

So whatever the local notice requirement is for chattel in a local periodical would apply to give the leasehold notice to exercise the recovery of the chattel.  

One needs to find balance through yoga, exercise or just quiet time, and the secret that NYers know is that we all take that time.  

Wondering if I should terminate their month to month and stand firm on my offer of $625/mo and them paying the water bill or if I should exercise some compassion and take a little less to avoid a vacancy.

Mostly I got that my numbers were higher than people expected and that most of the people replying had never gone through the exercise.  

Hello All,This may be an academic exercise, but I want to learn how to approach contacting heirs of deceased owners of distressed and pre-foreclosure properties.  

You run a pretty good risk for that renter to not exercise the option, so run your numbers based on that happening just so you have a contingency plan.