Banks will generally pay any draft presented and if you read the signature card statements and your checking account agreement, you'll find that the bank is under no obligation to verify the validity or signature, not subject to fraudulent acts.Use to be that a teller would actually look at a signature card in the "proofing" of a check and verify it was the same etc. not anymore if it passes through the affiliate check routing system (A draft on another bank deposited to a different bank account), signatures and endorsements are assumed to be proper and the transaction is in good faith.In many instances, you could deposit that magazine check and cancell any subscription implied.

Lenders have more to worry about in Las Vegas than "due-on-sale clause violations".As long as this loan remains "current & performing";...you have a better chance of "hitting the jackpot" at Caesars Palace, than having the lender accelerate an otherwise performing loan in good standing for a violation in the "due-on-sale clause".Spending a few hundred dollars with a good attorney that specializes in these types of land contracts should be worth the money. (...try finding these types of lawyers who are affiliated with your local Las Vegas Real Estate Investment Club).A lawyer of this type can create a new, or review and update your trust/sales-agreement, land contract, etc.Here's a different twist:How about a back-up agreement and a back-up deed?

I have an enormous amount of respect for you and your company (and no affiliation!)

I am in no way affiliated with the attached site nor endorsing it.http://www.submityourarticle.com/articles/Stephen-Nelson-3697/s-corp-60536.php

I'm not advertising, am not affiliated in any way, and have not bought from them.

Again it could be a reasonable cost depending on what all they had to do.There are multiple issues here.1.Most of the items mentioned for repair should have shown up on an inspection of the property PRIOR to purchasing.In my mind if you didn't get a inspection from a 3RD party inspector not affiliated with the company selling you the property then these repairs are on you for not doing due diligence.2.The other component is that this property manager has their own crew.I don't like that one but and would never agree to it.Sometimes managers also get referral fees for giving business to skilled trades even if they don't have their own crew.The problem becomes then instead of getting the best rate they have to pad it a little to give back to the property manager for the referral.So either way I am sure the property manager is reaping a benefit monetarily from it.This way they make more than the lousy 50 to 60 bucks a month managing a property.This is why I am not a fan of "one off houses" in an area far away from where I live.This is why I like owning apartment buildings.I can find a full time highly trained manager easily and they use systems and programs to control cost and everything is documented.Since they only focus on management and are not a broker/agent doing transactions and then handling "rentals on the side" my properties get the focus they need to be ran properly.It just sounds like you purchased wrong and then on top of that have a property manager padding fees with the repairs.REO agents used to do this with banks.They wouldn't make much commission on selling the little dumpy houses so would have their company do the trashout,re-key,repairs and charge full market for it.Eventually the banks caught on and choosed their own company to perform tasks and only let the broker list the property for sale.Sometimes that works and other times it doesn't as the broker or manager is now dealing with outside parties they can't control saying work was completed properly and it wasn't.If you haven't had an inspection of the property I would do it now to see what all else might come up in the future so you can expect it and plan for it.

On mine, they always refund on the non-airline affiliated cards.

It consists of coordinating with our current network of wholesalers, bird dogs, and agents to do preliminary evaluation and qualification for buys, develop new wholesalers and bird dogs, develop alternative buys, develop in house direct buys, and package and sell in house wholesale packages to our affiliate investor group.

In the event, that a certifiable appraisal by an appraiser of JMAC Investments, LLC or it’s affiliates choice, reflects a value lower than the option price, the property can be purchased for the current appraised value at the discretion of the Optionor.

They have 2 affiliates in teh St.