I had to have a discussion with my mortgage attorney before I understood, or at least I believe I now understand.  

I understood about 4% of the bankerese language that was going on.

Totally understood.

It's convoluted stuff ... and explaining it so that it can be understood is quite a challenge. 

If they truly understood those costs, they'd be much more likely to want long-term relationships with customers...and would likely be willing to pay for those relationships with lower prices.Personally, when I hire good contractors, I recognize that I'm getting value as well, which is I try to treat my good contractors like gold...

Full profit disclosures; "it is understood that the buyer and sellers have a meeting of the mind and that their goal is to satisfy their financial needs"6.

Go screwing with the original borrower and changing the terms of the loan does require the application of the ATR requirements.Amateur hour, where rulings are not fully read or understood and then misapplied to prove a point to an incorrect position. 

I'm not sure I'll get this out to be understood the 1st time but here goes...You mentioned the underpayment of rents and needing to get them raised.

You probably got the best of both worlds: A cash price, where it's understood that no 1099 will be sent, and an IRS proof expense.My business partner handles this end of the business, and early on, he stressed that I could not enter into any agreement with an individual without telling him/her.

I've seen a lot of Guru's and other programs pushing the whole out of state incorporation for tax and liability protection, but I have never really understood the benefits of it to be honest.