Rights with respect to first mortgage, if you hold a second.

Can you find humor for a person to get out of responsibility by bullying, no respect to others or law by asking us give up our rights as landlord so he can benefit, no appreciation that we selected and trusted them with our house, no empathy or compassion when I called and pleaded with him yet the same person preaches responsibility, respect, appreciation, empathy, and compassion?

Respectfully,Jaren Woeppel

Partnerships have significant legal issues, particularly with respect to liability and taxes.

Doesn't say who is responsible for the expense though.9 pages later under the Respecting Mortgages section it says that provided an audited financial statement is not available, if 51% of First Mortgagees request one they are entitled that we produce it at their expense. 

The bank will prohibit assignments.The bank will require that you demonstrate that you, personally, have the ability to purchase before they will even look at your offer.The bank will require that the property not be re-sold for some period of time, probably at least 90 days.The bank, and I say this with all due respect, almost certainly has a better idea of the market value of the property than you do.

They are B>B>C, B>G and B>C respectively. 

Our bank has a service where we can turn-in all post-dated cheques at once and they will schedule them for processing on their respective negotiation dates.- cash - though legally we are no longer required to accept cash for rent payments, we still do, but issue the aforementioned deposit only bank card and put the onus on the tenant to deposit their rent on-time.

One again I have the utmost respect for Mike Butler and his work.

With all due respect to all you Texas, Virginia and Indiana guys, who are trying to help him, I'm not disrespecting you, but MA is the Peoples Socialist Commonwealth of Massachusetts.