Since I'm the only insured on my policy, the way I interpret this all is that as long as any transmissions in my rental properties don't originate from me, then any related lawsuits are *probably* covered so long as no one was intentionally infecting anyone.

I am overwhelmed by not only not knowing how to intelligently interpret the maps, but also the variety of sources to find the maps.Flood insurance - Would you say this is a must, no matter what the flood maps say?

They tell you nothing, so how can you interpret anything of value, and make a decision from it?

There is the expectation of compensation in obtaining a wholesale contract, since I've had a bit more regulatory experience than you I'm not going to argue interpretation of regulations with you, you can certainly have an opinion in public forums, perhaps some of or the attorney you work with would care to join in.

When you compare someone's ideology to that of eugenics, it's difficult to interpret it any other way than an insult.

So am I interpreting this table correctly - that I should always try to go for a longer amortizing period assuming the same loan term?

When you wrap such a deal in terms like "mortgage assignment" that, colloquial or not, carries a certain interpretation that must be overridden with "well, it doesn't really mean jack", you are setting yourself up for trouble.This sort of deal is what gives real estate investors a bad name.Just my opinion.

We had a great attorney who researched a case study in regards to the interpretation of giving a buyer a "reasonable amount of time to...." and he referenced a court case where the judge ordered the sale.

Not having seen the specific wording of the proposed bill, I was just using the one-word "must" as a summary of my interpretation of Sharon's "bill being proposed to legislation which will effectively STOP investors, buyers and sellers ability to purchase or sell properties 'subject-to the existing mortgage via a wrap around mortgage here in Texas" summary.If "must" (pay out mortgage) DOESN'T apply, then what's the bill accomplishing if passed?...

My interpretation from reading IRS documents on this is that you can only start depreciating the home and declaring expenses when the house is rent ready.