While he wasn’t successful getting the insurance companies to accept liability (initially), he pointed out to the plaintiffs attorney that (1) the owner of the condo was an LLC, not me personally, and that’ll business concerning the condo was done in the name of the LLC, and (2) the only asset of the Series of that LLC was the condo itself, so that the legal entity owned only that single asset.  

if anyone has successfully obtained a second mortgage.

Hi BP Community,I’m looking into my first out-of-state multi-family partnership with someone that already has experience in the local market and connections to the operational teams required to make out of state investing successful.

I know there are successful investors there.I have a couple of great realtor/investors that work that market hard if you need great boots on the ground. 

., and ability to verify receipts and transactions (the verification is done by upper management to check and validate the revenues and expenses)4.

I’d love to hear about your recent successes, challenges, and what’s working in your market, especially when it comes to the process of finding good deals, putting them together and making a profit.

I have a title report from my lawyer, but it is somewhat confusing as the land has been subdivided (it started as 9 acres and is now 1.5) and has quite a few transactions - including to the county (I.e allowing the county to build a road).

Having intentionality in your actions and goals set to enable you to reach that 1 real estate transaction milestone is important and will ultimately help you reach that sooner. 

Not everything is about constant success and doing more to get more.

So, it will still be dependent on you to make MANY decisions that bring the project to a successful conclusion.