I wont go into details about that place, but i wouldn't feel safe walking my dog there at all.

Prices wont come down enough to justify buying as a rental, rents could be rolling over and interest rates will be range bound for a long time. 

In other words, if there was a broken leg on your property that resulted in $250,000 in medical, lost wages, and pain & suffering, if there was gross negligence on your part, the total judgement could be $1.25 million, and worse, your insurance company could deny it.So what constitutes gross negligence? 

You wont regret it! 

I do land only.. but very selective of where what and who :).. just google in the state for lenders that do land you should find one but there wont be many..

I cant imagine having 20 units right now.Thank you for the advice and I wont delay. 

They wont just snake it which doesn't necessarily clear a line, they will clear it.

Most lenders wont even offer a HELOC on a investment property much less go 100% LTV.

This way there will no be loose ends and title transfer will be clean, you wont even have to issue a quit claim deed.

Sometimes my title company will allow me to do them simultaneously without any funding.... which is ideal.The hard money lenders I am working with wont allow funding for the acquisition of the LLC because they are wanting to be sure the take-out loan for the investor is 100% set in the borrowers name.