They have a beautiful large meeting room with stadium seating ( like in a theatre ).

I'm worried that this wouldnt be a good rental -- there are a ton of upgrades in the home - built in movie theatre room, an expensive staircase - just the oils from fingers leave tons of marks, same with all the cabinets.

I developed my contacts with the city as a member of the board of directors for the Fullerton Historic Theatre Foundation.

I'm going to translate this for you, @Justin Nothem as Bill gave u some "code" to decipher.If you are an owner occupant, and you are buying on terms, like a note and a mortgage, the SELLER has to abide by the ATR rules of Dodd Frank.See http://www.consumerfinance.gov/regulations/ability-to-repay-and-qualified-mortgage-standards-under-the-truth-in-lending-act-regulation-z/If you are the SELLER, the penalties are like "3 years payments + attorneys fees + court costs plus down payment."

(that a Reg Mortg Loan Orgin).The RMLO knows the ATR rules and DF and Safe Act.Then look at clear title, and make an offer.Then see an attorney that gets owner carries, ask the RMLO for a good one.

My oldest biological son just graduated from Azusa Pacific University (a Christian college in the LA area of California) with a Bachelors degree in Theatre Arts and starts his internship at Disneyland in August.

I also work part-time at the local community theatre as the Box Office Manager.

How about a town center with restaurants, ice cream shops and a movie theatre like Disney’s Celebration?

They seem to stem from loan mods and with CW originations.If the seller started a loan modification, then the the loss mitigators handling short sales will not be able to access the ATR or the SS package.

Plant yourself at AZREIA.org meeting tomorrow night at the Celebrity Theatre 5:00pm $20 and meet 700 of your new closest investor friends.