I am but a simple note guy more in the HML field . the notes these guys are talking about are primarily Owner occ and all the associated risk and Red tape that comes with them.the OP who started this thread is what I suspect another Texas seller carry back guy.. who is dealing in sub prime paper.. and selling homes to the Hispanic community.. much like that guy got on BP a year or so ago and had those huge long threads on why.. selling owner carry sub prime is not very safe.The original post although kind of blog like was just an advertisement for his product.

Just screw down and tape joints like manufacturer recommends.

But I have heard about the lead time involved with the inspections, red tape etc - having it sit vacant for 2 months is a bit daunting.question1:Can I just fill the second unit with a regular tenant?

Warren Buffet taped long term stock charts, company stats taped all around his room in his 20s and made his first million at the age of 30.

Originally posted by @Clint Cook:Please share your thoughts on the good, the bad and the ugly of Section 8 rentals.ThanksThe Good is that the rent is guaranteed and that in some areas, you really need it to get your places rented.The Bad is the amount of red tape involved.

He had to buy the entire tape, the good, the bad, the ugly.  

Red tape etc...

This may help.... http://www.courts.ca.gov/1288.htm Some of the veterans may be able to provide better answers from personal experience but IMO, the 3 Day or Quit notice taped to the front door and photographed for your file is a good tool to get someone's attention.

Just as you could "repair" walls that have 100 Gigantic holes by placing cheap paneling over the holes, you could also repair it correctly with taped, textured and painted drywall/sheetrock.

I want to take out my tape recorder and describe the scene here and what's about to happen.