Based on the laws of that state will dictate if you need to operate your PL out of a business or if you can do it personally, and what the threshold is before you must register your PL activity as a business.#4: Are you holding onto these loans all the way through reconveyance (when they are paid back)? 

@Dan Cumberland we can all give opinions but only one thing matters: what does your market dictate?

Be professional about it and explain that it is not your personal decision that is dictating the need to enforce the rules, but it is the desire to provide a professional equal application of the rules to ALL tenants in the pool of units you own/manage.I full agree with @JJ Conway that there is something wrong with your PM if they are not already going down the outlined path. 

We have a local city Bldg Insp here that is dictating roof repairs because of the age of the roofing.

For me location comes first - I can change almost everything about a property other than the location (this will dictate the school, crime etc).

The reason a bank with REO will dictate title search is because it's already been done.A buyer is free to obtain a title policy from any source, even in Cali.

Yes, each of us are responsible for what we get into, problem is not everyone is responsible, goes for borrowers and lenders, both may cheat, engage in criminal and immoral activities, pretty much what laws in society are suppose to do is to provide guidance in expected conduct.Problem is you can't dictate morality.Bryan L. , you might as well take the tags off your vehicles, stop paying taxes and just prepare to suffer the consequences.

Because Score Factor Code #22 is the ONLY category into which any of these derogs may fall, it's completely true that, once one's credit score has been decimated, there's no incentive for the consumer to NOT file Chapter 7 and/or walk away from their upside down property and scrape the whole damn mess into the dumpster.There are three conduits, if you will, for dealing with a consumer: bankruptcy laws, FICO scoring models and lenders' underwriting decisions as dictated by Fannie/Freddie.

I am dealing with the listing agent directly and I am being told:(1) There is a $695 processing fee paid to the firm - spelled out as additional terms.(2) The seller's attorney will charge a fee the buyer pays - I said I have my own attorney, but if the seller is dictating title agent they should be paying for it or the lender absorbs it, why am I paying for it?

That top end dictates and caps what I can charge for my rentals and puts some downward pressure on rents across the whole metro area.But I think that's temporary and that on the whole, the PDX metro area is still facing a housing shortage and here's why...New construction permits are far out-paced by the influx of people to the Portland Metro area.