Then, they blame everyone, but their own lack of research, for property/tenant performance not being what they came up with on paper:(

Much thanks to anyone who can weigh in with their expertise.Not per se if purchasing existing paper, but the subsequent noteholder may face issues if requirements weren't met at origination.

On paper, they are essentially the same with some minor differences in offerings. 

I got paper work signed and she vacated!

What I have learned very quickly owning these properties is that you can make these work on paper to convert them into rentals when you do your analysis today, but HOA increases are unexpected and completely out of your control.

Towels get used on the shoes, fancy cutlery goes missing, no one wipes their feet, wine stains...

In the amount of time it takes to lick and stick a paper check in the mail, I would have fixed it (and connected with my tenants, which I like) while doing it.I saved myself $1200 the other day before lunch.  

My understanding is that I do not need to use the Buyer's title company and can choose my own to prepare my seller papers.

We found a great opportunity for a home in an appreciating area, and on paper the numbers work.

Having leveraged a cost segregation study before, I know all to well about its tax benefits.