Meaning if you own rental property in a very socialist area they'll start raising your taxes and slapping on rent controls, and so forth.In one of his books John Reed addressed this problem by stating that SFHs would be the best pick in such a scenario (as opposed to commercial) because homeowners constitute a much larger voting block than do commercial owners.In any event, I'm glad Buffett is buying stocks because that's a better indication of a bottom to me than any Princeton-educated talking head opining on CNBC.

I find myself getting caught up on the BP requirements for what constitutes a good investment here in the bay area.

@Yasmin MohamedThe advice you're getting here is sound.What it basically comes down to is developing an understanding for what constitutes a good deal for you.It's entirely subjective and up to you.

Though, they do instruct tenants on exactly what types of scenarios constitute emergency type situations.

In the event any such adjusted rents are not fully paid as rents become due on the date required such non-payment shall constitute a default in rents and the landlord shall have the right to proceed with those cures allowed by law.Examples of additional adminstrative duties which are unforseen on this date include, but are not limited to, removing trash or debris from the property that is found to be that of the tenant, returning the trash carts provided to tenant to the designated area, answering any complaints in connection with any police call, blah, blah..While I did not pull my lease out and copy it here, that is close to what was used.

The Howey Case is the landmark case for defining what constitutes a security:Howey Case1.

The seller's attorney wrote back changing some languaages in the contract, but specifically indicated that the contract will NOT be assigned and that my LLC must close on the property.Would this constitute a counter-offer?

Never believe a collection company.Always get an agreement in writing that the settlement constitutes payment in FULL of the balance owed.This way they don't take money and say they are settling and then sell off the remaining debt to another collection company.

Your ability to put a property under contract and subsequently sell it is generally protected under the Contract Clause of the Constitution (Basically says that the State can't make a law that prohibits the otherwise lawful execution of certain contracts.) 

Would anyone know if the title transfer to the LLC constitute the "Due on Sale / Transfer"clause on the bank note?