The terms used when describing floodplain areas have specific meanings.

Alan Ceshker: Thanks for the questionYes it does First - get insurance in place correctly -- use a proven insurance provider -- this is most important Educate seller to not contact the bank Use a trust structure to have the conveyance appear to comply with Garn St GermainBe ready to fix if needed via a deed flip flop or paying off the mortgage These transactions should only be attempted by experienced and ready investors -- those with the knowledge and ability to fix if neededThanks Alan OK other than paying off the mortgage everything else you describe is just trying to get away with something that you know gives the lender the option to call the note.. 

We had a case where we had to return all the money back to the tenant because the lease did not exactly describe this. 

The way you describe your situation, I'm going to say you fall into the 22% tax rate bracket (single over $47k, or married over $94k in taxable income).  

Jeff S Na - what you just described is quite similar to something called "mail merge" that is done with word processing software in conjunction with either a database or spreadsheet.

I hope this makes sense as I am describing it but feel free to ask any questions on it. 

The large company works a lot like you describe. 

I think your best option is to have the tenant get a storage unit, so that they can greatly reduce the amount of stuff they're storing at your property.A few things to consider:   1. leases often have sections describing appropriate (and inappropriate) use of the unit.

Some of the costs that you are describing may potentially be eligible as start-up costs or added to the basis of the property.

Anyone able to advise me on the process of buying a preforeclosure property in CA or point me to a website that describes the entire process?