I assume rates would tick up for such a low %, too.

@Dave McIntyre were you able to / are you ever able to get access to the property after winning the bid but before closing (assuming it's  a vacant property)?

The default rate is only 1% per month which is 12% annual.I assume there are more pages to that agreement

(This assumes you have a credit card available to pay for any repairs.).

With the city contemplating expanding the ADU ability to city wide, is there any benefit to doing a rezoning now (assuming successful) before the citywide expansion takes place?

What would be my best approach, I assume find a private lender and work out some deal with them.All questions and answers will help thank you.Normally the lender for the reverse mortgage will start a foreclosure.

Many, I would now assume, may eventually return to the state and offer Non-Admitted products.If you have any other questions, please feel free to reach out to usThank you so much @Aaron LetzeiserYour explanation makes sense  My only concern is still with regards to the terminology stating “Not authorized to do business in Ohio”.

As if the foundation of the industry is assumed and we just jump in with myths and folklore flying right into storm without the instructor having a real education. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

I'm assuming it would a SFR or 2-4 MF, is that correct?