But you don't know that until you confirm that she does, in fact, have sufficient powers.

Also the #46 on the prelim exclusion saying : """any invalidity or defect in the title of the vestees in the event that the trust refereed to herein is invalid or fails to grant sufficient powers to the trustee(s) or i the even there is a lack of compliance with the terms and provisions of the trust instrument.

In general I think any time is a great time to buy if you have access to sufficient non-MLS deal flow and know how to evaluate opportunities for given product types in a given area.

You do not want to invest actively in (1), or even make a passive investment in an operating business, or you will hit the UBIT tax (steeply progressive, uses trust tax tables, and hits 39.6% at less than $12k of annual income) Here is a paper on ROBS, though I assume you are just wanting to invest passively (rentals, notes, loans) and a Solo 401k is probably sufficient.

I am not sure what the going rate is for a lower quantity such as that, check out some sources such as post card mania or click 2 mail.

My other litmus test comes from my prior cable days, which might place it at 9X to 11X cashflow (NOI), which also places value very near $80K.The capital improvement required in the water distribution system seems like a no-brainer, but absent separate metering, I wonder if you could immediately divide the water bill by the current quantity of tenants and have them begin to pay this immediately?

You won't need an allonge, an additional paper added to the original note if there is sufficient space on the note for the endorsement, after a note gets passed through several hands, that space, if there was any, just runs out and then you would attach an allonge for endorsement.Unless you have the maker(s) execute any other terms that may be added by allonge, as many brokers like to get wordy and write things, it will have no real effect.Notes are negotiable paper just a check or draft and are governed under the UCC requiring an endorsement, "pay to the order of" and thereafter you should annotate "with/without recourse" as the assignment and endorsement are made with recourse or without to the new holder. .The sale of a note must have an accounting of the transaction, describing the note and the amount received/paid along with other costs or expenses, if any.An assignment of mortgage or assignment of note and deed of trust is made, it simply describes the original note (not the balance) when it was made and contains the legal description of the collateral, this is filed in the property records for that property.

Once we actually had to call Mom and she was sufficiently embarrassed by junior that she started paying his rent directly to us.

The property shall also include the following items: _____________________________________________________________________________________________________________________________________________________________________________________________(18)TITLE:The Landlord/Seller shall convey marketable title to the property with the above described inclusions, by good and sufficient General Warranty Deed in fee simple absolute, on or before closing: said title to be free, clear, and unencumbered except existing mortgages, restrictions and easements of record as shown in paragraph (9) of this agreement.

Your earnest money deposit will not compensate seller sufficiently for your lack of ability and you ought to take responsibility for any additional problems you create.