Automatic lease renewal?

I was able to work with my local banker to get the following terms: 4% rate, 12% down, 5yr balloon that automatically renews, 20 yr amortization.

I was able to work with my local banker to get the following terms: 4% rate, 12% down, 5yr balloon that automatically renews, 20 yr amortization.

Jones IRA to 5% what ever it takes to get to 100% and be under 10 different bene's.In Practice the company will fund the whole loan then go to selling up to 10 fractionlized peices off via an assignment same assignment you use when you buy your notes.. in the old days we had to pay for a 104.1 endorsement for the title insurance to follow us.. now it does automatically with the way the notes and policies are written.In a default situation again the CA disclosures also include a document that lets the servicer/who is a RE broker act for the group and start the foreclosure before these agreements were made its was a cluster believe me I lived it as you need 100% of the bene's to agree to foreclose .The only way that the servicer or company can pay in a default scenario is they have to disclose they are paying and or buy you out.. other wise its just like any other note NO pay you foreclose simple as that. 

What is "tenant protection" Does that mean that you cannot sign another long term lease and that it automatically goes to a month to month lease?

(If not, that should be an automatic free out for you and your EMD, although you should be even more interested at the new lower price.)

It is great because most set up payments and it takes it out automatically.

Plus when they move out every year or so, you are automatically painting, carpeting, fixing holes in drywall...etc...Contrast that with a quick cleaning once or twice a week.

I list the property in my management software (Propertyware) and it gets published to around 50 sites, automatically watermarked to prevent scammers, and an auto-response system that saves me a ton of phone calls.

What do you do in that situation. do you automatically put sheetrock right over the top of the paneling and how do u deal with wallpaper.?