If they used 2018 rent they should have understated rents in 99% of America.

Now i drive a volvo it seems more understated...

So I retained counsel to file a quiet title complaint to remove a defaulted and charged off 2nd mortgage HELOC that under state (NV) statutes was no longer enforceable (past the 10-year SOL from the date of acceleration).The good news: we prevailed and the lien is now extinguished.The 1st mortgage remains remains current.The bad news (letter HERE): The 2nd lienholder we sued was MERS who took over from the original lender some years back.The 1st mortgage is with Bank of America (BOA) and is an entirely unrelated loan.

@Bob WillisThe SAFE Act requires licensing of loan originators under state laws that meet minimum federal requirements.

Either the gross rents are exaggerated or the expense and vacancy are grossly understated or the town is dying.

Any seller disclosures required under state or local law; 3.

The administrative headaches that come with multiple small investors cannot be understated.

A senior lien holder with a non-performing loan will generally be in a non-accrual status after notice, depends on redemption rights under state law.

Notes are in finance and banking under state and federal laws primarily, there are real estate overlaps such as TILA, but notes are not a RE matter, there are notes with personal property, cars, machinery, airplanes, boats, and "commercial paper" or obligations fall under financing matters.

The owners have the power under state law to remove officers or directors.