Hey Jay, in talking to my rep, partial notes are definitely not a security or secured interest in the note.

Quote from @D'Ann Melnick: Saw this was an old question, but it came up in search - this is all part of the rent stabilization laws passed in 2024 - https://www.montgomerycountymd.gov/DHCA/Resources/Files/tena...The pet deposit cannot exceed $300 and the total amount of security deposits collected cannot exceed two month's rent.

And if there is a significant public purpose (doubtful) what would the new law do, require an immediate foreclosure?

Quote from @Brian Rocha: I'm looking to secure a HML for a fix n flip in Florida and for now and am only looking to secure for the purchase price only and handle the rehab costs myself.

Security systems are easily outsmarted, that’s the point of the initial visit, to case the joint. 

Laundromats are open to the public, and if the local neighborhood has a high crime rate and transient population, those can be potentially expensive problems that can affect your business.

The owner was motivated due to personal circumstances and wanted to avoid the hassle of listing the property publicly.

Another example of this is Newark, extremely strict laws making land lording a second job.When finding the right area to invest, towns with more lenient land lording laws and proximity to public transportation tend to be a receipt for success.  

Thankfully I have no property in NY.I loved this quote which shows just how clueless people are about housing issues:“Housing instability is at the root of so many problems facing our city, such as exacerbating homelessness and hunger, failing to meet our children’s educational needs, and undermining public safety,” said the CWTU in a statement.

I want to become really good at analyzing deals, and determine the markets I should focus on.Are there any resources aside from this forum (books, journals, news publications, podcasts) that you recommend I use to learn more?