They have no voice in deciding the particular loans that will be funded.It has been my experience that once you get beyond investing your own money, in your favored asset class, in your own backyard, you move past the "low hanging fruit".  

That would be absolutely nuts. 

A hoarder won't change behavior just because they got a fruit basket when they moved in.

When the next down turn occurs, I hope to be ready to pick up some low-hanging fruit. 

As long as you purchased right and made your money going in and don't go too nuts with the reno budget, I think you will be fine.

just from my perspective of 40 years at this over 500 houses owned rented at times and sold.I have only had tenants go nuts over security deposits.. and thats simple give it back LOL.maybe i am lucky.. but for me its good insurance is what we need.also if you have multiple members of an LLC that are true investors and you keep your books clean that does have some protection.the Hubby and wife or single investor who thinks an LLC or multiple LLcs will protect them.. that wont happen if the worse comes to pass.. they get pierced as alter ego.believe me you will get sued personally.. and you will spend an inordinate amount of money trying to isolate you from the litigation.. best to let your insurance company handle those costs right?

The idea of this monster hack would be not only to reduce my $1,450.00 nut to live in a condo, where I probably spend only 1/3 of my time in (since I’m at work), I am also looking at attempting to deducting a bulk of the necessary utilities I just pay for with after tax dollars since my businesses (the law office) and the renting out the rooms will generate these expenses.

It may not have been what you wanted to hear, but you have been warned.Well I do apologize if I was blunt.. however there is this company called Morris invest.. you should check out the threads.and from day one I called BS on this company and guy.. and went on for hundreds of posts.. me repeating the risk these folks were taking and the investors thinking I was just nuts .. well here we are 2 years later over 400 investor going to lose a little to everything.. some their entire lifes savings..

I presume they do that for all permits in those counties.So I figured that those counties discussed above in this thread that are looking for money would reassess when they get that chance, but if they aren't doing it with each permit that could partly explain why they have that need for money - they aren't picking up what should be low hanging fruit got them.

Have some electrical tape ready and additional wire nuts, the ones supplied almost always are trash.