Texas code allows a landlord to declare a property abandoned but does not clearly define what it considers abandonment.

Get with your cpa because there is some latitude in those declarations.

You'll usually need some sort of guarantor that will not declare bankruptcy the minute something goes wrong; too easy to do that in an LLC.Once you have a track record, private money folks will lend to you, and on larger properties (large MF) commercial real estate banking looks almost exclusively at the property.Spend some time researching the financing options.  

For a young family with more energy and muscle than money, it's a good deal.

I’m currently in college, haven’t declared for major yet though.

Hi we have a lead on a property in New Jersey where there is a second mortgage and the estate has been declared insolvent.

The only issue I see is the documents will repeat the word “the” in declarations. 

If they are still there the sheriff schedules the moveout and you have to bring some muscle on that day.

I’m going to be moving out of state and want to keep my property but I’m unsure on all the changes that need to be done before it’s legally ready to rent out i.e home insurance, declaring to the state, etc.

The day before, the borrower declared BK13....no problem I thought, as their arrearages are substantial, and their payment plan would be a great cashflow ROI, the main reason we bought this note.