I tried posting this elsewhere but I think the category was too specific:Greetings!
For years I've read countless opinions and articles about "good cause eviction," quietly dreading that it would eventually be the la...

I don't engage in dual agency even in states where it's legally allowed.

While the support sounds nice, I can buy quite a bit of consultation and legal help for $60K, and that doesn't even figure the royalty.Nothing against the franchises, I spoke with PMI and was impressed with their business model, I just don't like the idea of paying fees to be restricted operationally. 

Hi Jerry,SF has some of the strongest rent control laws in the country, limiting how much you can increase rent and they also have a strict guideline for eviction. 

Hi BP, I'm seeking opinions not legal advice on how to proceed:I purchases a tax lien and had a deed issued in 2022.

I am not so much looking for servicing the monthly payments, but more of creating the necessary legal documents and filing with the appropriate govt entities so that I can place a lien on the title of the RE that we are purchasing. 

Lean on your real estate agent to help you if you're out of town but set some guidelines for what qualifies your tenant outside of pets/no pets.

There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself. 

And are they legally allow to do so without any signed document from the seller or at least hire them to do title work?

Insurance typically covers the loan amount and the lender will have specific guidelines.