Click to link to our latest email to Owners & TenantsHey BP, happy April...if your weeks have been like mine then I'm sure you have had little time for organized responses and even less for productive posts on Bigger Pockets.In the interest of helping everyone by sharing our template for managing properties, above is the link to our latest video cast to both our owners and tenants - this is a really difficult challenge for a property management company because we have opposing needs, collecting rent at a time when increasingly tenants are out of work.The situation is exacerbated with Ohio's delays in processing unemployment (we have flooded a filing system that uses decades old software with an annual equivalent of applications within a month's time - Article) and increasingly stringent containment measures keeping more people at home unable to work.I recommend everyone attend the 2pm updates by our Ohio Governor - Mike DeWine, this has been instrumental in helping our organization understand the best control measures and the latest efforts to control the virus. 

Whenever I tried to do something in my life (teach myself an instrument, for example), I only had to look around at the people I knew that were doing that thing.

If you cannot pull and review the instrument you'll need to retain a real estate attorney to do so.

Selling them right now is like killing the golden goose.The very last thing I want right now with interest rates near zero is a giant pile of Federal Reserve notes that would be nearly impossible to put back to work in real estate and I certainly can't earn a return on interest-bearing instruments, i.e.

That should also get you copies of all the deeds and recorded security instruments (if any).  

My own HOA ccr's state sopmething like:expiration states "...for a period of thirty (30) years from the date these covenants are recorded, after which time said covenants shall automatically be extended for successive periods of ten (10) years unless and until an instrument signed by the then record owners of leasehold equities...has been recorded,by which said covenants, in whole or in part, are amended or revoked."

I was a Econ-Finance major and it has helped me in understanding many different financial instruments including RE investing.

Currently I manage projects across North America for Construction, Instrumentation and Electrical jobs (by day that is).

A “deed of trust” is a mortgage instrument but does not convey ownership.  

If the transfer results in a permitted change of occupancy type to an investment property, such change must not violate the Security Instrument (e.g., the 12-month occupancy requirement for a Primary Residence), andThe Servicer notifies the original owner or natural person that the Mortgaged Premises transferred to an LLC/LP must be transferred back to the original owner or natural person prior to any subsequent refinance or modification application to meet Freddie Mac's underwriting requirements.