When a tenancy ends due to the death of a tenant you need to make sure you do what is required by the laws of your jurisdiction and act in a respectful and sensitive manner.Typical steps:Secure the premises.Notify the authorities.

Stop being so sensitive.

I was especially sensitive to this "privacy issue" originally because guests at 1 of my cabins called the police due to a "peeping Tom" watching their teen daughters in the hot tub.

*Time Sensitive*

Keep in mind that this is a sensitive and usually embarrassing time for the homeowner so they may or may not want to talk to you.

In order to safeguard yourself in wholesale transactions/assignments is it necessary to be a licensed agent working under a broker or must you be a licensed broker yourself?

And we built in 3 profit centers - The Option price, The NOI from lease, and a strike price for purchase that escalated according to an appreciation factor each of the 3 years.I would hate to hold a note for 39 years without some of the conventional safeguards. 

Permanent Life Insurance is a great place to safeguard the equity in your home(s).

They are not pets, under the law.You are entitled to have safeguards you would have for any pet owner, such as rules regarding humane treatment of the animal; sufficiency of food, water, shelter; current on shots; and things necessary to protect your premises and the neighbors.

You pay income tax on both.Plus, it's an area where the IRS is very audit sensitive.