A properly established plan performs three primary functions: lawsuit deterrence, settlement negotiation leverage and/or placing your assets out of the reach of a legal opponent.You do this by:- Insurance - Using LLC's- Combining them with Trusts- Owning NOTHING personally in your name (the Rich own nothing, but control everything). - Use separate legal tools- DON'T FLAUNT YOUR WEALTHThe main ways clients use their planning are:1.

To answer your other questions- no, you don't perform capital improvements just for the write offs, it's not a 1/1 ratio, you don't get that money all back. 

The process usually goes like this:Rental Listing -> Landlord and Prospective Tenant fill out and submit RTA -> Voucher office performs Affordability Study -> Landlord approves estimated rent amount -> Property Inspection -> Approval of Property by Voucher Office -> Lease & Move-InThe section 8 process in/around Baltimore and Baltimore County does take a long time these days.

I have seen the performance record page got updated with all their defaults and recovery which was not made public before.

Any additional feedback on their performance would be great.

The bankers I know love collecting interest payments, regardless of the rate, not calling performing notes.Here's why...Think about the amount of manpower it would take for a lender to cross-reference tax records against their entire loan portfolio to verify the original borrower is no longer on title. 

Make sure your first property is performing at its peak before you move on to try to expand.

Obviously I don't know where exactly your property is, but even if it's south of the sports arenas (which can be pretty rough), it will worth it in the long term. 

I only invest in performing notes with a minimum of 70% LTV or lower preferably in case things go south…non-performing notes may be more lucrative but for me I like boring right now.  

I thought those programs provided pretty good value and that Scott seemed genuinely concerned with helping people get started in the Non Performing Note (NPN) space.