Happily I got a pretty good property on which they did a good renovation job, and just before they went belly up I kind of smelled a rat and got the house out of their management, so their collapse didn’t affect me.  

"Debris under screened porch" will require someone getting on their belly and removing the debris with a rake, through one of the small service openings along the perimeter.

It takes a lot of determination to chase a deal for that long but you did it and got the fat payoff! 

We would just go in circles and at the end of the day, its just a big fat waste of time to talk to them.If I were to do it before the year is up, it would probably just be best to do it, then if i do get the call or nasty letter from them, explain myself at that point in time.You do bring up a good point though with the change of address thing, the fact you got that letter at least lets me know me they are keeping thier eye on that.Which is why im still planning on changing my address now while i still live here to a po box.

The other reason is that there are gun toating, beer drinking, fat tailed, hillbillys who think they are Sgt.

Let me try to explain...When you're rehabbing for profit, there are a lots expenses that go into the project (purchase price, rehab costs, commissions, fees, holding costs, etc) and then there is one payday at the end of the project where you get a big fat check.

Name rings a bell, I have not read his stuff.But I have a question, why would you consider paying big bucks that you can get for nothing or very little with a little effort?

Keep it real and keep it honest… Understand that if the Seller/Borrower is fat with assets and cash the lender is not going to approve their short sale.Proof of Income and Assets: It is best to be truthful and honest about your financial situation and disclose assets.

Good NNN commercial properties can generate those returns, too, provide you tenant doesn't go belly up.

They do it because they make a royalty off of GROSS SALES.So they could give a rat's aS# if the business owner makes money as long as corporate gets a fat check based on volume of sales and maintains market share.It's all about the NET after expenses.You will see franchise models all the time tout gross sales or someone selling a business.Gross sales doesn't mean jack.If someone could do home vestors for 10,000 that's not nearly as bad as 80,000.If you spent 5,000 on marketing yourself you would get just as good or much better results than dropping 10,000.If you want it in a nice little box you will pay for it.