In all the offers I've been a part of, a pre-approval from a traditional lender < POF from a HML < POF from an individual partner or family member < POF in personal name showing assets (like stocks) < POF in personal name showing cash or cash equivalent.Know that some of your competition, when offering on a property they know many others will be going for, emphasize their offer only requires their signature - no lenders, 3rd parties, or anything else... a true cash offer where they 100% control the decision.  

My wife and I feel electric is more dangerous because the surface could be hot long after you turn it off and you are more likely to burn food because you cannot control the temperature as well.We see valid points on both sides of the argument so would like to know what you all have in your rentals and for what reasons?

Him and I are in pretty good standing so I have been trying to find a way that I can purchase his home to add to my rental portfolio because I have 3 rentals in the area and his home is in great shape and would need absolutely nothing as far as repairs, etc. and its across the street from my primary residence so I would like to have some control over who moves into the house. 

We were also able to purchase adjacent blighted properties to expand parking and also control the residents in the adjacent 6 unit apartment building.We are right over 10 years of ownership on this building and have had several movies/tv shows/music videos filmed there due to the retro styling.

Sounds like you have it under control. 

You need to control if any sub-leasing of the space allowed at all or the selling of the business to a different operator.85% is a pipe dream regardless of DSCR ratio. 25% down for STNL is about as good as it gets for senior note only and that is generally credit grade tenants of BBB- or better.

This is the very reason you do not need an LLC to have checkbook control of a 401k but you do need one to have checkbook control of an IRA.

Have you positioned yourself and did all the things you have control over to begin your journey?  

I'm pretty sure the note holder isn't rushing to foreclose or it would be done by now.I have the means get her current but how can i take control of the property, get her name off the title but keep the same terms with note holder.  

While the above-referenced items identify what is customarily required by Servicer to support a Loan Assumption request, Seller and Buyer acknowledge and agree that the terms, provisions and conditions of the documents governing the loan(s) to be assumed will ultimately control, including, without limitation, transfer fees and costs, release language, legal opinions and the documentation required to evidence the Loan Assumption.