The actual mortgage was packaged up and sold long ago (within a few weeks of closing) in the form of a mortgage backed security.

Another consideration for you since you are located in VA is the licensure requirements for private money lending.

I've never had any issues or concerns about security but I know what I'm doing.As to the timing, like with most investments, yesterday is generally the best moment and today the second best.

In the first stage of this process, you must underwrite it to ascertain its highest and best use and financial performance.Conducting this analysis sets the stage for securing a purchase contract with terms and conditions aligned with the timing and budget of the planned project.

You pose a good question.It looks like the “about $65,000” that’s being transferred to John’s PFS could have been calculated by adding the $8,450 Tenant Security Deposits to the $56,541 Total Owner Equity, for a total of $64,991.

How DID  you secure a position on BP as a moderator?

They may need to access cash or move to a more suitable living situation.Tax Liens or Legal IssuesOwners facing tax liens, legal disputes, or other complications may want to sell their property fast to resolve these issues without further financial or legal consequences.Burnt-Out InvestorsReal estate investors who are tired of managing properties, dealing with tenants, or facing constant repairs may decide to liquidate their holdings quickly to invest in other opportunities or simplify their lives.Understanding these motivations can help you tailor your approach and offer solutions that address their specific needs, making it more likely you'll secure a deal. 

I agree that each unit does not need to be separated out unless the client specifically needs to see it broken down like that for project tracking.I have had multiple entities in one subscription before and it gets very chaotic if you are categorizing by business (location) as well.

Your investments are secured by the properties themselves and you can leverage your , market knowledge to make these assessments and lend to the right deals in case of default. 

And then call the city to see if this is even allowed where your house is located.