Fake property manager hired a cheap hand (again, no professional certification, no social security number), who did some work but cost damage to the property.

Instead of waiting for your A grade property to use refined design styles, why not upgrade your property now with a slightly more expensive material, and save on the maintenance while possibly raising the status of your rental?

I'd like your advice on my thinking, and would also be interested in knowing more about other hard-money/private options available in my situation.Here's the scenario: Project: Upstate NY, 3-unit/12-br multi-family mansion - complete gut, rehab, and change of use from 2 to 3 family Purchased: 115,000 ARV: 375,000-400,000 Held by my LLC, not personally Project Status: Rehab is currently half complete.

You have more leverage and a social worker to talk to.

Haha after months away (I feel guilty as I read the emails and forums all the time but haven't contributed) I wanted to send a little update as to my status and progress.I have acquired a 4 family close to home (hometown where I grew up!)

The seller's social security/TIN has to be reported by the closing agent.

Definitely treat renting your home as a business and not a social exercise (And I don't think you need an LLC in your case.

I'll be posting the status as things happen.

I'm looking at the MLS but of the properties listed how am I to know what the owners situation or foreclosure status is (amount owed/default status?)

its calculated from the agent entry of status change in the MLS system.