Furthermore I have also been told that you can no longer represent the LLC for even simple court cases like routine evictions.

Just give them a few days notice that you'd like to enter the premises for some routine maintenance.

If its anything unused like beer or water bottles or soda I will leave them for myself or the next tenants, throw away all other used items.Check the back patio and tidy up if needed.We leave instructions asking to load and run the dishwasher before departure as well....again 90% or more have done so, and I simply check this and clean anything thats needed, then put away dishes once ready and kind of look around to make sure everything in order.Leave a check for the maids and run all the bed sheets up to a wash and fold service that has them ready usually in 3 hours.That is about it in a nutshell....once you get a routine down its pretty automatic and probably spend no more then 30-45 minutes running through the house dealing with things.

I can't speak for others, but I routinely point out in my posts that I'm not a tax professional or an attorney because I don't want the person asking the question to substitute my non-expert opinion for an expert opinion, nor do I want them to assume that the information I giving is based on any formal knowledge of either tax or law.I imagine others may do it also to help protect themselves in the case of a civil lawsuit whereby the information they provided was construed as a professional opinion though it was not.

It seems banks are routinely postponing or canceling foreclosures in California and I am concerned that underlying factors I am unaware of may affect me accordingly, leaving me in foreclosure limbo.3) Is there any way the original owner could weasel his way back in to the property if I were to proceed with purchasing the note/foreclosing?

Also I should add they are still selling new homes in that neighborhood which are about the same size on the similar size lot for around 150-170k I'm aware that homebuilders routinely hyperinflate the price of their homes but still think that if a buyer had a choice to buy a home for 115k rather than a similar one for 150k and get the same warranty it's a no brainer.

I'd be uncomfortable putting that amount of money into an investment and never really knowing what it is, seeing the work, and so on.

Hi Jim, I don't blame your wife for being uncomfortable.

Then start the $10/day routine on the 6th.

I routinely see houses listed for 10-50% above what I list my houses for, but that doesn't mean that the value of my houses are 10-50% higher.It just means that other people have no idea what their house is worth, and have priced it inappropriately.