Also I read that a dissolved corporation, in winding up its affairs, has the power, to sell its assets.

Further research and proper due diligence is now needed to assess how bulk owners will continue to thrive as these new laws place limits on their abilities to acquire property and manage the affairs of the association.

Also, all work over $500 (or $600, not exactly sure but can be easily confirmed on Division of Consumer Affairs web site) requires a written contract.

Here's a consumer affairs review page on Zillow where a reviewer says: "6 weeks before I listed my house FSBO my Zestimate was 219,000+ with a high range of 244k.

All this is to say that it is a viable business model, however you may have more challenges with the current state of affairs to get a landlord on board with the risk.

The trustee (I am assuming, this is YOU) controls the affairs of the trust.

As with FHA loans, 203(k) loans are only available for owner-occupied homes.VA financingVeterans Affairs (VA) loans are available to service members, veterans, and eligible surviving spouses to help make owning a primary residence more affordable.

And as another poster mentioned - it is an all cash affair to pay off the mortgage.... no 30 days, no inspections, no contingencies.  

I don't have an eviction attorney for Hudson County, but you should familiarize yourself with the "Truth in Renting" document (http://www.nj.gov/dca/divisions/codes/publications...) and NJ Community Affairs website (http://www.nj.gov/dca/divisions/codes/offices/land...).

It is kind of a sad state of affairs in our current economy where the return you get on using your credit cards is better then the interest rate you can get on savings accounts.