I do engineering at Ford motors, with rentals in Detroit suburb and am well versed in What's coming up in major auto companies in michigan.

I have been fortunate enough to come across a commercial deal ( Auto Body ) which i quickly put under contract for 2.5m.

If he is the only one lending he will be auto 1st lien holder and yes attorney will take care of that.

If my guys and gals I fund want to use them I don't care I just don't want to deal with them.PS I like the car business if I was not doing this I would own a dealership... and I would finance sub prime auto debt.. big money in that these days.a few of my fishing buddies own big stores like Toyata and Chevey stores they as you well know make bank.. 

Currently I have 8k auto debt which I could pay off whenever.  

But it syncs with all of my credit cards and all of my bank accounts and Auto categorizes my expense and income items.During setup It pulled my property tax information automatically along with all my property characteristics, square feet the number of bd/ba all automatically.

I am getting updated with the latest properties available via auto-alerts and searching on Craigslist (I know these are probably not the best places for deals) but it seems like most of the properties make absolutely no sense as possible investments due to the high GRM.

Some of the costs involved are licensing fees, continuing education, errors & omission insurance, general business liability insurance, increased auto insurance, realtor board membership dues, sentrilock fees, css fees, mls fees. 

But if you leave things alone, you pay the mortgage, the insurance policy auto renews, no one will know the difference, the bank continues to be billed, and in turn pays the insurance and taxes from the escrow.I paid off several mortgages in recent years and had to go to the insurance companies and various tax authorities to change the billing address back to me, else they would continue billing the bank.

@James Wyant great & my auto correct made 'evaluation' into 'evacuation'Auto correct is the bane of my existence LOL