The first procedure, outlined in Section 105-374 of the North Carolina General Statutes (referred to hereafter as G.S.), pertains to a mortgage-style process and necessitates the initiation of a standard civil action within the state court.

In my city there isn't a single listing for under a million and people overbid and pay in cash on a regular basis.

They’re asking that I designate a project manager who would be able to visit the site regularly, but is not the GC.

I plan to do the normal background/credit checks, get references for the tenants, etc like I usually do.

. • Regular monitoring of approved leases to ensure proper actions are taken at the leasing expiration and renewal dates. • Preparation of quarterly reports for the Board of Directors outlining the current status of the leasing program. • Coordination with the Association attorney as needed for enforcement of the leasing provisions. • Assessment and collection of costs for this program from the leased units by the authority of the Community Covenants, Conditions, and Restrictions (CCRs), $150/year.

So, if I am receiving regular rental income, payroll deposit, and such that can be sourced, it can be immediately used and does not require the 60 day period, correct?

I sent her a copy of the agreement from the previous manager for her reference and also a couple links to generically create one online.

However I would hate for them to do this to their current landlord, who did not even call us for a previous landlord reference.

That way you still make a regular income but don't have to be a landlord.

@Jimmy RojasReturns in real estate have historically matched the stock market - so use that as a reference pointJust like investing in some stocks builds wealth faster - so does real estate and vice versa