The house was bought 1/11/17 and the AOS was signed 3/20/17 but the house settles on 5/9/17.

I am prospecting a note, and one of the things that concerns me is that one of the AOMs in the chain is properly executed but not recorded with the county.

@Rick Alvi  now moving around changes things somewhat but I think one of the biggest over looked items especially west coast investors or good appreciating Chicago or north east areas.. is the 250 single 500k married tax free money you can make by owning a O Occ sfr... its the greatest tax treatment we have in the US in my mind.. 

I want to be certified ao i know how to manage a property, but i dont want that headache.

We agreed to a non-refundable deposit of 5k after we did our due diligence, initiated the AOS and knew we wanted the property.

Hoping to break in and  get this first deal done soon.Cheers,AO

Its not a huge list yet, I did about 200 AO's that I found from local tax records that are within a 2 mile radius of my house.

I’m looking st a duplex thara beencp the market for aome tIme, needs work, and has dropped In prIce 15k sInce It went on the market.

After the AOS was fully executed I listed the final unit on Facebook and got a lot of interest before I had ownership.

Yes, we're pulling out the assignments that we need to fix the chain of AoMs and clean up the collateral.