Such liquidated damages are not a penalty and are instead a reasonable preestimate of Seller’s actual damages, which damages are difficult to ascertain.

Despite multifamily sector improvement at the national level, we expect multifamily foreclosures in 2012 to remain generally commensurate with 2011 levels as certain local markets and properties continue to exhibit weak fundamentals.

Allowing a tenant to make repairs or improvements adds to their financial interest.Equitable interests must be ascertainable financially, generally this interest is based on the loss of use or right to benefit.

Now some of this might be state-law specific, but I think they are doable as long as certain factors are met.  

I am also not a big fan of IRAs owning LLCs either as a single member or partnering with the IRA owner, which is allowed as long as certain rules are followed.

However I know of some properties that are going to be more than quadrupling in value within the next 20 years (trust me on this) and I'm looking to get funding to potentially buy these properties now, rehabilitate them, and then as certain things happen that will make these properties worth a lot more then rent them out.

Another valuable skill is in ascertaining your perceived added value.

So I want to ascertain that if legally I am obligated to.I have also send letter of abandonment by certified mail.

I know you are right, but it did make me take a backwards step and try to ascertain which message I am wanting to relay.I have an REI meet up this Tuesday so I am looking forward to learning and meeting some new people.I will definitely check out the BP Beginners Guide.

Having appraised all kinds of notes I can say you can't ascertain a value until after it is funded, closed and any security interest is perfected. :) Agreed, sounds like a newbie broker without a license probably. :)