As I see it, the two areas to watch are a bankruptcy and due on sale clause.

One of the policies we saw had the breed exclusion that said something like... the breed exclusion applies if the dog breed is declared a dangerous breed in that city, state, etc or any surrounding municipality.Literally the city next to the one in question has a dog breed ban that they don't really enforce but as far as I'm concerned would open the door to a dog bite liability claim being denied.

I understand that the current real estate is under-assessed and that the taxes will increase if we declare a higher property value, but this might be necessary.Can anyone give input on how to accurately determine the business value versus the property value.

This form is sent to the borrower, investor, and the summary form is sent to the IRS.Other fee for services may include door knocking, bankruptcy research and filing of proofs of claim, providing credit reports, workouts with borrowers, loan modifications, short sales, REO (Real Estate Owned) management, inspection services, foreclosure management, etc.SERVICER OF RECORD OPTIONA servicing company may also offer you the opportunity to do your own workouts with the borrower while using their license as “insurance” (this is what we meant by “insurance reasons”).

If it comes back the same, you're back to square one, but in either case, now is definitely the time that you need to be contacting an attorney, likely one that can help with the real estate side, and another to review bankruptcy options

What my accountant did is, she declared most of these as Capital Expenditures, then she turned around and depreciated them in one year per the 2017 tax cuts and jobs act.  

For Example, my Note Investing notebook has Sub Categories for Consolidated Note Resources, Goals, Note Buying Criteria, Foreclosure Timelines and Costs, State Specific Notes, Systems for The Note Business, Collection Time Tables, Note Conferences, Bankruptcy in Notes.. 

@Denise Evans I have a question ...If a person files Chapter 13 bankruptcy with primary (homestead) house involved ..later surrenders house to the bank...the bank is now setting up foreclosure sale at court house steps..does this person still have right of redemption?

Richard,Your Condo Association by-laws and declaration will give you info on who owns what parts of the building and therefor who is responsible for the repairs.  

Should I be concerned that the husband has no credit history (I'm wondering if this is indicative of past financial hardship/bankruptcy)?