., I would say it comes from the mistaken belief that land trusts provide good asset protection and/or a sure fire way around the dreaded "DUE ON SALE" clause in most new loans.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so the price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

He had mistakenly not paid the taxes in 3 years because of an address mix-up. 

Many people often mistaken that if your W-2 income is in the bottom two brackets, then all of your capital gains is taxed at 0%.You also have to add your capital gains into the equation.Therefore, if you sell it for a $40,000 gain your other income such as wages would have to be about $20,750 for the $40,000 to be taxed at 0% assuming you are single.Standard deduction 2024(Single) = $14,600Bottom two brackets 2024(Single) = $47,150Sum of above two numbers = $61,750

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

They have mistaken my kindness for weakness.

If you have a potential property that has negative CF, and you think  you are gaining by increasing the DP to convert the NCF to PCF, you are badly mistaken. 

Is that a SF area specific rule or is one of my lenders mistaken?